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Very urgent: service tax rate
What is the Rate of Service Tax today?? 12.36% or 14%???
Is 14% effective from tomorrow itself like usual budgets?
I am confused bcz the Memorandum explaining Finance Bill, 2015 states that "the new service tax rate shall come into effect from a date to be notified by the Central Govt after the enactment of Finance Bill, 2015".
But usually changes in Indirect tax rates are effective right from the next day of budget speech.
Thank u
Replies (5)
New Rate will be applicable from 1st April, 2015. till than old Rate will apply.
Thank u very much..
Can u please provide with the reference from where u got the info?
NEW RATE WILL BE APPLICABLE COME INTO EFFECT FROM A DATE TO BE NOTIFIED BY THE GOVERNMENT AFTER THE ENACTMENT OF THE FINANCE BILL 2015 1 MARCH 2015
Pl see the attachment
how and where can find the enactement Finance bill copy. Has the Central Government enachted Finance Bill 2015?
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