New rate of tax effective date


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Querist : Anonymous (Querist)
02 March 2015 In budget 15-16 new rate of excise duty has been announced 12.36 to 12.5%.
So what is the effective date of levy of tax @ 12.5%?

02 March 2015 1st of March is effective date

02 March 2015 EXCISE DUTY IS EFFECTED FROM 01.03.15 BUT SERVICE TAX WILL EFFECTED AFTER ENACTMENT.
THANKS.
R.K. GARG
(ADVOCATE)


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