Effective date of applicable of 14%


This query is : Resolved 

20 March 2015 From when the service tax @14% shall be applicable

20 March 2015 Date of applicability will be notified after passing the Finance bill.

20 March 2015 after both the houses approve it + presidents gives assent and then when it is notified with the effective date in the gazette of india.

20 March 2015 Please refer D.O.F. No. 334/5/2015-TRU Dated 28.02.2015 from link given below:

https://www.cbec.gov.in/ub1516/do-ltr-jstru2.pdf

In Point No. 3.3 it is clearly mentioned that "The new Service Tax rate shall come into effect from a date to be notified by the Central Government after the enactment of the Finance Bill, 2015."


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