What is service tax in detale service tax?

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2026-10-15 09:00

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Service tax is a form of indirect tax levied by the government on the provision of certain services. It is typically charged as a percentage of the service fee, and businesses providing taxable services are responsible for collecting and remitting the tax to the government. In many countries, service tax has been replaced or integrated into Goods and Services Tax (GST) systems to streamline taxation processes. The specific services taxed and the rates can vary by jurisdiction and are subject to regulatory changes.

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