Effictive date
This query is : Resolved
NARESH SHAH
(Querist)
08 April 2015
which date of effictive of new service tax 2015-2016
08 April 2015
the date of applicability of new service yax rate is not yet notified by dept so old rate of 12.36% rate continues
08 April 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."
Till the new rates are notified Service Tax rate will be 12.36%. So as of now new rates are not applicable from 01.04.2015.
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."
Till the new rates are notified Service Tax rate will be 12.36%. So as of now new rates are not applicable from 01.04.2015.
CA AnKiT BoHrA (AB)
(Expert)
09 April 2015
wait til it get notified.... we all are waiting for that.... til than use the old rate.....!!!!!!!!!!
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