Service tax applicable

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Querist : Anonymous

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Querist : Anonymous (Querist)
02 March 2015 dear sir

In Budget Service tax applicable from 1.3.2015 mentioned, but service made in February Month but Bill raised in March Which tax is applicable. this correct tax applicable from 1.4.2015 or 1.3.2015 Please conform me sir

02 March 2015 The service tax rate is being increased from 12% plus Education Cesses to 14%. The ‘Education Cess’ and ‘Secondary and Higher Education Cess’ shall be subsumed in the new service tax rate. The revised rate shall come into effect from a date to be notified.

So as of now 12.36 is applicable.

02 March 2015 See the link.
http://www.cbec.gov.in/ub1516/do-ltr-jstru2.pdf

02 March 2015 till minstry of finance does not notify the new rate 12.36% shall continue to be applicable in this case also


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