Service tax rate increase from 12.36% to 14% w.e.f. 01-06-15

Dear All,
 
The Central Government has issued Notification No. 14/2015-ST dated 19-05-2015 (attached below) whereby Service Tax Rate has been notified to be increased from 12.36% to 14% effective from 01-06-2015. The levy of Swachh Bharat Cess of 2% is not yet notified and will be notified later.
 
 
Thanks & Best Regards,
 
Manoj Agarwal,
Service Tax Consultant,
Rourkela
https://www.facebook.com/servicetaxexpert

Attached File : 776903 20150519224854 st14 2015.pdf downloaded: 663 times
Replies (1)

Kinldy note that the levy of Ed. Cess @ 2% and SHE Cess @ 1% on Service Tax has also been abolished from the same date i.e. 01-06-2015.

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