GK
TAXES IN INDIA
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Service tax is governed and administered by
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CBEC
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CBDT
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Both of these
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None of these
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Explanation:
Detailed explanation-1: -Cbec tasks include collection of Custom Duty or Import Tariff, Central Excise Duty & Service Tax & formulation of policy concerning levy and various other including like administrative authority for customs houses, Central Excise Commission rates and Central Revenues Control Laboratory.
Detailed explanation-2: -A service tax is a tax that is levied by the Government of India on services that are provided by a service provider. It is an indirect tax under the Finance Act, 1994.
There is 1 question to complete.