Vol. 1, Issue 12, Part I (2015)

Abstract
The hypothesis of the research is that Service Tax is one of the major sources of revenue to the government. The present research analyses service tax revenue on the basis of tax rate and tax base. The topic covers different type of analysis in relation to service tax revenue during the period 1994-95 to 2009-10. The analyses covered includes All India Year-wise Service Tax Revenue Collection, Number of Services Taxed, Number of Assessees under the purview of service tax, Growth Percentage in Service Tax Revenue during the period, Growth Percentage in Service Tax Number of Assessees, Zone wise Service Tax Revenue Collection, Zone wise Service Tax Number of Assessees. On the basis of analysis the hypothesis Service Tax is one of the major sources of revenue to the government stands accepted.