New rate of service tax

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Rekha Sai Teja (Querist)
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03 March 2015 Service tax rate has been increased to 14%.
And the swacch Bharat Cess which is 2%.
The question is how to add cess on service tax or on Service value??
Which of following is correct?
A) 14%+2% = 16% or
B) 14%+2%(14%) = 14.28%

CS,CA F,Numrologi TusharSampat

CS,CA F,Numrologi TusharSampat (Expert)
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03 March 2015 https://www.caclubindia.com/articles/service-providers-be-ready-to-fulfill-the-dream-of-modi-s-swachh-bharat--23203.asp#.VPWzNnyUdic

CMA. CS. Sanjay Gupta

CMA. CS. Sanjay Gupta (Expert)
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03 March 2015 http://www.dnaindia.com/money/report-rest-easy-service-tax-rate-won-t-exceed-1428-2065634

Please check out above link. Service Tax rate won't exceed 14.28%.

Rekha Sai Teja

Rekha Sai Teja (Querist)
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03 March 2015 Thank you to sampath sir and sanjay sir..

CMA. CS. Sanjay Gupta

CMA. CS. Sanjay Gupta (Expert)
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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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