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Querist : Anonymous (Querist)

18 May 2015 Now what's the rate of service tax

CMA. CS. Sanjay Gupta

CMA. CS. Sanjay Gupta (Expert)
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18 May 2015 Hon'ble President has given assent to Finance Bill, 2015 and now it became Finance Act 2015.

Notification for effective date regarding increase in service tax rate from 12.36% to 14% is still awaited. So as of now 12.36% is applicable.

Notification for effective date regarding levy of Swachh Bharat Cess of 2% also awaited.

Now Service Tax Notification in this regard is expected to be out very soon.