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Vijay Somase Prof Kopate mam
TYPES OF TAX
DIRECT
TAX
INDIRECT
TAX
Services tax
VAT
Excise duty
Customs duty
TYPES OF INDIRECT TAX
Meaning of service tax
Service tax generally is tax to be
levied on the specified for the
grant of their service
Features of service tax
 No separate act
 Indirect tax
 Administered by CEEC
 No double taxation
 Small service provider excluded
Taxable services
 Stock broking service
 Telephone service
 General insurance
business
 Rail travel agent
 Event management
 Beauty parlour
 Photography service
 Air travel agent service
Thank you

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Services tax