Tax rate


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Querist : Anonymous

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Querist : Anonymous (Querist)
17 March 2016 Dear Sir,
From when service tax rate @ 15% is going to be effective?

17 March 2016 Krishi Kalyan Cess would be levied @ 0.5% from 1st June 2016 on the total value of all taxable services.

RICHA KUMAR (Expert)
17 March 2016 It will be applicable from 1st June 2016:-
Service Tax 14%
Swatch Bharat Cess 0.5%
Krishi Kalyan Cess 0.5%

TOTAL 15%

17 March 2016 it is proposed to be with effect from 01/06/2016.


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