No change in rate of service tax from 1st April

Last updated: 02 April 2015

Clarification- No change in rate of Service Tax Finance bill, 2015 has proposed to increase effective rate of Service Tax from 12.36% to 14%. It is wrongly reported in some quarters that the effective date of change in rate of Service Tax is 1st April, 2015. It is hereby clarified that the change in the rate of Service Tax will be effective from the date to be notified after enactment of Finance Bill, 2015. In this regard relevant portion of D.O.F. No.334/5/2015-TRU dated 28th February
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