New rate of service tax

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

05 May 2015 Dear Sir/Madam

I have doubt related to new Service Tax rate has been applicable or not for for the Q1 2015-2016. please reply as soon as possible.

Thanking You

CA AnKiT BoHrA (AB)

CA AnKiT BoHrA (AB) (Expert)
Follow

05 May 2015 it is not applicable til now.... old rate is applicable til now @ 12.36 %

new rate wil came in force once it get notified....

CA AnKiT BoHrA (AB)

CA AnKiT BoHrA (AB) (Expert)
Follow

20 May 2015 The Central Government has issued Notification No. 14/2015-ST dated 19-05-2015 (attached below) whereby Service Tax Rate has been notified to be increased from 12.36% to 14% effective from 01-06-2015. The levy of Swachh Bharat Cess of 2% is not yet notified and will be notified later.

https://www.caclubindia.com/forum/files/555789_20150519213343_tru_letter.pdf

Upgrade to CAclubindia Pro. Subscribe Now!