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Service tax rate

subhadeep (employee) (45 Points)

02 April 2015

What will be the new rate of service tax from 01.04.2015.

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6 Replies

Vivek Venkataram (Just cleared CS(441/800) now C.A Final Attempt in May 2015) (772 Points)
Replied 02 April 2015

Same as before 12.36 Change will come in force only when notification is passed.

Zoya Khan (ABC) (800 Points)
Replied 02 April 2015

Only Excise Rates are enforced immediately,not service tax rate. For more details:

https://www.simpletaxindia.net/2015/03/increase-in-service-tax-rate-effective.H T M L

utpal jain (article assistant) (34 Points)
Replied 02 April 2015

https://www.icai.org/new_post.H T M L?post_id=11476&c_id=219

Adish Jain (Chartered Accountant) (36 Points)
Replied 03 April 2015

The rate of service tax will remain same i.e. 12.36% till the date for new rate is notified. As per D.O.F. No. 334/5/2015-TRU dated 28th February, 2015 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.