Impact of 14% ST rate

Madhukar N Hiregange , Last updated: 22 May 2015  
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Introduction Service tax rate had been proposed to increase from 12% to 14% effective from 1stJune 2015 vide notification no.14/2015-ST. The Cesses are also subsumed in the rate of 14%.Additional revenue on account of this increase is estimated to be about Rs.20,000 crores for 15-16. It is als

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Published by

Madhukar N Hiregange
(Chartered Accountant)
Category Service Tax   Report

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