Service tax duty rate

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manas bal

manas bal (Querist)
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03 March 2015 dear sir
can you guide me what is the rate of service tax and when it will come to effect

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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03 March 2015 Rate of service tax has been increased from 12.36% to 14% in the budget. It will come in to effect from a future date to be notified.

CMA. CS. Sanjay Gupta

CMA. CS. Sanjay Gupta (Expert)
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03 March 2015 The service tax rate is being increased from 12% plus Education Cesses to 14%. The ‘Education Cess’ and ‘Secondary and Higher Education Cess’ shall be subsumed in the new service tax rate. The revised rate shall come into effect from a date to be notified. So as of now 12.36 is applicable.

CMA. CS. Sanjay Gupta

CMA. CS. Sanjay Gupta (Expert)
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19 May 2015 Revised Service Tax Rate will be applicable from 01.06.2015.

Refer Notification No 14/2015 Dated 19.05.2015 from link given below:

https://www.caclubindia.com/forum/files/555789_20150519211107_notification.pdf

https://www.caclubindia.com/forum/files/555789_20150519213343_tru_letter.pdf