Service tax

This query is : Resolved

Rajiv Kr. Bhardwaj (Querist)
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17 March 2012 Please tell me the applicate date of increase rate of service tax i.e. 10% to 12%.

I mean it is from 16/03/2012 or 01/04/2012

vignesh

vignesh (Expert)
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17 March 2012 The effective date of increase in Service Tax from Financial Year 01/04/2012 onwards.

Bhaskaran Chackrapani Warrier

Bhaskaran Chackrapani Warrier (Expert)
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17 March 2012 Since notification 8/2009 is rescinded by notification 2/2012, 12% is effective from 01/04/2012.

Mihir Doshi

Mihir Doshi (Expert)
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17 March 2012 Dear Expert,

Can you just provide the brief of notification as i am not able to get it online.

Thanks
Mihir Doshi

Bhaskaran Chackrapani Warrier

Bhaskaran Chackrapani Warrier (Expert)
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17 March 2012 [TO BE PUBLISED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART II, SECTION 3, SUB SECTION (i)]
Government of India
Ministry of Finance
(Department of Revenue)
New Delhi, the 17th March, 2012
Notification No.2/2012 - Service Tax
G.S.R. (E).- In exercise of the powers conferred by sub-section (1) of section 93 of the Finance Act, 1994 (32 of 1994), the Central Government, being satisfied that it is necessary in the public interest so to do, hereby rescinds the notification of the Government of India in the Ministry of Finance (Department of Revenue) No. 8/2009 – Service Tax, dated the 24th February, 2009, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i) vide number G.S.R. 120 (E), dated the 24th February, 2009, except as respects things done or omitted to be done before such rescission.
2. This notification shall come into force on the 1st day of April, 2012.
[F. No. 334/1/2012-TRU]
(Samar Nanda)
Under Secretary to the Government of India

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