Applicability of 14 % service tax


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Querist : Anonymous

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Querist : Anonymous (Querist)
17 April 2015 Sir

New F.Y has been started and i m still confused what rate of service tax, I should apply 12 or 14% please confirme me the current rate of service tax.


Thanks & Rgds

Mukesh Kumar Sabri

17 April 2015 no confusion is there... current rate is 12.36 % with cess... and it wil b in use until the new rate comes in notification

17 April 2015 since new rates are not notified by dept so continuine using 12.36% only.

17 April 2015 Current rate of service tax is 12% only 14% will be applicable from a date to be notified after passing Finance bill.

19 April 2015 May please refer CBEC Clarification from link given below in this regard:

https://www.caclubindia.com/news/cbec-clarifies-rate-of-service-tax-is-12-36--14824.asp#.VTPLriGqqko

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


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