14% , effective rate
This query is : Resolved
15 May 2015
Respected Sir. Service Tax rate has been increased from 12.36 to 14%. this 14% is applicable from which date? please help me.
15 May 2015
Effective date yet to notified by the department. till then existing 12.36% rate only
16 May 2015
Wait for the notification which can b anytime from now on
20 May 2015
The Central Government has issued Notification No. 14/2015-ST dated 19-05-2015 (attached below) whereby Service Tax Rate has been notified to be increased from 12.36% to 14% effective from 01-06-2015. The levy of Swachh Bharat Cess of 2% is not yet notified and will be notified later.
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