Increase to 14%
This query is : Resolved
14 May 2015
Has the notification of increase in service tax rate from 12 % to 14 % come yet from the Central Government?
14 May 2015
no... its not yet there.... old rate is in force
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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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