Social Sciences, asked by LakshyaAnand, 7 months ago

What is the difference between gst and service tax??​

Answers

Answered by Anonymous
0

Answer:

Service tax was levied on “provision of services” while GST will be levied on supply of services. ... Krishna: Arjuna, in Service tax the rate is 15%, while in GST the rate of tax on services might be 12% or 18%. The rate of tax on Services will be defined according to the Service Accounting Code.

Explanation:

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Answered by goldkdm786
1

Explanation:

Service tax was levied on “provision of services” while GST will be levied on supply of services. ... Krishna: Arjuna, in Service tax the rate is 15%, while in GST the rate of tax on services might be 12% or 18%. The rate of tax on Services will be defined according to the Service Accounting code

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