04 June 2012
Dear All, as per Notification No. 11/2012 - Service Tax dated 17/03/2012, rate of service tax for outdoor caterering will be 60% instead of earlier 50%. But i want know from which date it will applicable. Whether it is from 1.4.2012 or yet not applicable......
04 June 2012
It shall come into force from the date on which section 66B of the Finance Act, 1994 comes into effect, Sectin 66B has not yet come into force.
Hence, notification will come into force only when section 66B becomes effective.
CAclubindia
