Service tax calculation

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Nilam Koltekar (Querist)
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27 March 2015 old service tax is 12.36%
calculation is service tax 12%
education cess 0.24%
secondary education cess 0.12%

then new service tax is 14.28% so how to calculated the service tax
I need your help sir please

CA AnKiT BoHrA (AB)

CA AnKiT BoHrA (AB) (Expert)
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27 March 2015 it hadnt been yet annonced yet dear

and we all are waiting for the clarification that new rate is 14 %

now what would b this 2 % ganga clean cess means... because in budget it was said its 2 % of value... that takes net service tax rate to 16 %

so stil clarification in this regards needs to b out that it is going to be 16 % or 14.28 %

what ever the rate will b is inclusive of cess

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