Rate

Service Tax (Legacy) 320 views 6 replies
what is effective rate of service tax for Nov 2016 exam ipc
Replies (6)
service tax 14% plus swach bharat cess 0.5%
service tax 14%
swach Bharat cess .05%
kkc .05%

Service Tax - 14%

Swatch Bharat Cess -  0.5%

Krishi Kalyan Cess - 0.5%

Total - 15%

krishi kalyan cess is effective from 1.6.2016 whereas for the nov exam any notification up to 30th april 2016 is only applicable.. n krishi kalyan cess was notifies in may.. therefore it will not be applicable for nov exam... effective rate 14℅+0.5℅

I agree with archana ji. Notification regarding kkc was published in may. Therefore its not applicable for nov exam. Thus effective rate eill be 14%+0.5%.

 

I agree with Archana, what I have stated was "effective rate of service tax for Nov 2016". Since it was not mentioned in the query and I am not aware that "for the nov exam any notification up to 30th april 2016 is only applicable" therefore the effective rate of Service for Nov, 2016 (including KKC) was given in my reply. Thanks.

 

 


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
23 May 2026
Article Assistant

Geeta Manchanda & CO.

New Delhi

CA Inter

View Details
Company
27 May 2026
Audit Assitant

Virender K Gupta and Co

New Delhi

B.Com

View Details
Company
ARTICLESHIP 28 May 2026
Accounts, Audit & Compliance Executive

Shyam Joshi & Associates

Pune

B.Com

View Details
Company
ARTICLESHIP 23 May 2026
Article Assistants

Acupro Consulting

Gurgaon

CA Inter

View Details
Company
21 May 2026
Associate

PWC

Kolkata

CA

View Details
Company
22 May 2026
Audit assistant

Displayandbeyond

Mumbai

CA

View Details
Company
22 May 2026
Sr. Financial Analyst - Consolidation

Search Synergy

Mumbai

CA

View Details
Company
ARTICLESHIP 08 June 2026
Internal & Taxation Article

O P Bagla & Co LLP

New Delhi

CA Inter

View Details