Rates of service tax

This query is : Resolved

ashwani (Querist)
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02 December 2016 Respected Sir/Madam,
Kindly let me know about service tax rates applicable for CS Professional December 2016 attempt.
It will be 14 % + .50 % Sawcch Bharat cess + .50 Krishi Kalyan Cess = 15% or 14.50 % (Except Krishi Kalyan Cess)

Thanking You

KAVIRAJA ADDANGADI

KAVIRAJA ADDANGADI (Expert)
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02 December 2016 SERVICE TAX 15% OUT OF WHICH ST14% SBC 0.5% KKC 0.5%

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CA Pallav Singhania

CA Pallav Singhania (Expert)
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02 December 2016 With effect from 1st June 2016, a new cess called Krishi Kalyan Cess has been added.
Therefore, the applicable Service Tax rate for your exams is 15%.

So, the Service Tax break up is 14% ST + 0.5% SBC + 0.5% KKC.

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