SSC Sample Paper SSC (Group-C) Sample Test Paper-6

  • question_answer
    The Finance Ministry has kept some services under the negative list which means:

    A)  Service tax would be levied at highest rate on those services

    B)  These services shall be separately dealt with Income Tax Department

    C)  These services are outside the purview of Government of India and International law applies to it

    D)  Service tax would not be levied against those services                                     

    Correct Answer: D

    Solution :

     In the negative list system all services are taxable and only those services that are mentioned under negative list are exempted. It includes services by Government or a local authority, services by the Reserve Bank of India; services by a foreign diplomatic mission located in India; etc.


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