14%
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
02 May 2015
Dear Sir,
Whether Service tax rate @ 14% has been effective?
If yes then from which date it is effective?
Whether Service tax rate @ 14% has been effective?
If yes then from which date it is effective?
CA R SEETHARAMAN
(Expert)
02 May 2015
As on date it is not effective. After passing the Finance bill the effective date will be notified.
02 May 2015
Rightly said by Ld. Expert. You need to wait for notification as the new rate is not yet notified. As of now 12.36% is applicable.
Also check out the CBDT clarification from link given below:
https://www.caclubindia.com/news/cbec-clarifies-rate-of-service-tax-is-12-36--14824.asp
Also check out the CBDT clarification from link given below:
https://www.caclubindia.com/news/cbec-clarifies-rate-of-service-tax-is-12-36--14824.asp
CA AnKiT BoHrA (AB)
(Expert)
02 May 2015
wait for the notification.. hope so it wil b in mid of may.. til than use only and only the old rate i.e. 12.36
wait for the notification.. hope so it wil b in mid of may.. til than use only and only the old rate i.e. 12.36
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
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
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