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Date from which 12 % service tax is applicable (Service Tax)

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This query is : Resolved


( Author )
16 March 2012

BUDGET-2012-Highlights
Service tax raised to 12% from 10%

Please confirm from which date is the new rate applicable


B.Chackrapani Warrier

( Expert )
16 March 2012

Effective date will be announced through a notification.


B.Chackrapani Warrier

( Expert )
17 March 2012

Since notification 8/2009 is rescinded by notification 2/2012 dated 17/03/2012, 12% is effective from 01/04/2012.
I stand corrected.



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