Service Tax - Applicability of New Service Tax Rates
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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
"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 : 4856
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CA.Subhash Chandra Podder
01-Apr-2015 , 05:37:52 pmyes that is the system . Thanks CASANSAAR Team .