Defination of service tax and luxary tax

akhlesh sharma (Querist) 15 December 2011 This query is : Resolved
what is defination of service tax and luxary tax

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ajay sethi (Expert) 15 December 2011
do google search for definitions

Raj Kumar Makkad (Expert) 16 December 2011
A tax placed on products or services that are deemed to be unnecessary or non-essential is a luxury tax whereas a value added tax (VAT), also known as Goods and Services Tax (G.S.T), Single Business Tax, or Turnover Tax in some countries, applies the equivalent of a sales tax to every operation that creates value.

Sailesh Kumar Shah (Expert) 16 December 2011
please ask specifically.

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