10 December 2015
Ex. Suppose value of servic provided 100 Service tax@14% 14 SBC@0.5% 0.5 Now how to calculate education cess @3% on Rs. 14 or 14.5 i.e Rs. 0.42 or 0.435
10 December 2015
Service Tax Rounded 14% from June 2015. There is no Cess Applicable . SBC applicable from 15th Nov 2015 0.5% For your Eg Rs.14 is service tax Rs.0.50 is SBC