Service tax rate increase from 12.36% to 14% w.e.f. 01-06-15

Manoj Agarwal (Service Tax Consultant Rourkela ServiceTaxExpert@yahoo.com)   (3456 Points)

19 May 2015  
Dear All,
 
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.
 
 
Thanks & Best Regards,
 
Manoj Agarwal,
Service Tax Consultant,
Rourkela