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Rate of service tax

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Dipak D Diwakar

NO ANY ORGANISATION

47 Points Joined February 2013

service tax @ 14% applicable date & till how much rate should apply

Replies (5)

Saurabh Maheshwari

B.com ACA

5923 Points Joined December 2011

14% rate applicable from April1,2015...14% then will be consolidated rate and no need to charge additoional education cesses and neither to show the same separately in the invoice.

Effective service tax rate is proposed to be increased from 12.36% to 14%. Education cess and secondary and higher education cess to be removed.
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The new service tax rate shall come into effect from a date to be notified by the Central Government after the enactment of the Finance Bill, 2015. Till then, the present rate of 12.36% shall continue.

Manoj Agarwal

Service Tax Consultant Rourkela Service

3456 Points Joined March 2012

Mr. Deepak Gupta is 100% correct.

Vishal Goel

Chartered Accountant

1693 Points Joined April 2014

Originally posted by : \|)eep @ k Gupt/\
	Effective service tax rate is proposed to be increased from 12.36% to 14%. Education cess and secondary and higher education cess to be removed. . The new service tax rate shall come into effect from a date to be notified by the Central Government after the enactment of the Finance Bill, 2015. Till then, the present rate of 12.36% shall continue.