Please give me a answer my doubt.service tax rate 12% to 14% changed only after inactmet of finance bill.but excise duty changed 12% to 12.5% next month.why service tax only waiting for inactment?
28 May 2015
The rate of service tax is being change from 1.7.2015 at the rate of 14% and excise duty has been changed at the time of budget at the rate of 12.5%.