CA Student
15932 Points
Joined May 2011
Section 119(2) of the Finance Act, 2015, says that,
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“There shall be levied and collected in accordance with the provisions of this Chapter, a cess to be called the Swachh Bharat Cess, as service tax on all or any of the taxable services at the rate of two per cent. on the value of such services for the purposes of financing and promoting Swachh Bharat initiatives or for any other purpose relating thereto.”
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So, wait till it gets notified by the Central Government.