Service tax increase in 2015-16 budget
This query is : Resolved
Rajesh Gaur
(Querist)
28 February 2015
Dear Expert
the increased service tax apply from 1.4.2015 or 28.2.2015
CA M Indani
(Expert)
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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