Applicable service tax rate

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Manisha Muppa (Querist)
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05 September 2015 We are following Cash System of accounting and we are liable to pay service tax..

It was clearly given that new service tax is applicable for services rendered after June'15,now we got receipts against the services rendered before June'15 in the month of June'15, July'15 and so on..

Now my question is that, should we collect and pay service tax @ 12.36% or 14% on such receipts????

Thanks in advance....

Harshal Fifadra

Harshal Fifadra (Expert)
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05 September 2015 When was the invoice being raised ?

1. After provision of service (before June 15) or
2. Receipt of payment (post June 15)

Shyam Lal Naik

Shyam Lal Naik (Expert)
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06 September 2015 Section 67A is the relevant section.
Rate of Service Tax on the date of provision of Service is applicable.

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