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Krishi kalyan cess @ 0.5% on all taxable services applicable from 1st June 2016

Mita Basak (Professional)     08 April 2016

Mita Basak
 34 likes  918 points

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An additional 0.5% of Krishi Kalyan Cess will be added on taxable service value from 1st June 2016.

An enabling provision is being made to levy Krishi Kalyan Cess on all taxable services with effect from 1st June, 2016, to finance and promote initiatives to improve agriculture.

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