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Impact of recent changes in st

Mohit Goyal (JOB) (94 Points)

15 June 2015  

As we know that from June 2015 onwards there is no 2% and 1% cess to be charged. But in case any entity already having balance in Service tax receivable account for Cess, then how it can be adjusted in future with ST liability?

 2 Replies

Kashish Gupta (B.com (H) , ACA) (363 Points)
Replied 15 June 2015

As on date, de[artment has issued notification on this for Excise part only.

Wait till it is notified for service tax.

Ashok J (CA Final) (876 Points)
Replied 15 June 2015


Can you pls tell us what the notification says??

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