Service tax increase in 2015-16 budget
This query is : Resolved
28 February 2015
Dear Expert
the increased service tax apply from 1.4.2015 or 28.2.2015
28 February 2015
date of applicability will be notified after bill is approved by the president ( such ammendments get are effective from july 1st).
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28 February 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.
28 February 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.
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