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How to calculate education cess with swachh bharat cess

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Querist : Anonymous

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Querist : Anonymous (Querist)
10 December 2015 Ex. Suppose value of servic provided 100
Service tax@14% 14
SBC@0.5% 0.5
Now how to calculate education cess @3% on Rs. 14 or 14.5 i.e Rs. 0.42 or 0.435

10 December 2015 No need to calculate education cess now. Calculate ST @ 14% and SBC @ O.50%.

10 December 2015 Service Tax Rounded 14% from June 2015. There is no Cess Applicable . SBC applicable from 15th Nov 2015 0.5%
For your Eg Rs.14 is service tax Rs.0.50 is SBC




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Querist : Anonymous

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Querist : Anonymous (Querist)
10 December 2015 Thanks for clarifying.



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