Effective Rate of Service Tax under Abatement, Reverse Charge and Valuation Rules after introduction of KKC

Bimal Jain , Last updated: 17 May 2016  
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Pursuing with an objective to finance and promote initiatives to improve agriculture and farmer welfare, the Government has announced a new cess namely Krishi Kalyan Cess (KKC), to be levied at 0.5% on the value of all taxable services w.e.f June 1, 2016. In this regard, a new Chapter VI has been

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Bimal Jain
(Service)
Category Service Tax   Report

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