News Details- (Get Professional Updates on Whatsapp, Msg on 8285393786) More News

Service Tax - Applicability of New Service Tax Rates

Posted Date : 01-Apr-2015 , 08:42:57 am | Posted By CASANSAAR print Print
Higher rates of service tax (from 12.36% to 14%) will become effective only when the Finance Act 2015 is enacted and not from Wednesday (01/04/2015) .

"The increase in service tax rate from 12.36% to 14% will take effect only from the day a notification is issued specifying an effective date for it, after the enactment of Finance Act 2015. Till then the existing 12.36%  service tax rate continues. - www.casansaar.com

Category : Service Tax | Comments : 1 | Hits : 4835

user

CA.Subhash Chandra Podder

01-Apr-2015 , 05:37:52 pm

yes that is the system . Thanks CASANSAAR Team .

Search News