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New Service Tax Rate, Service Tax |
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New Service Tax Rate |
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Please let us know effective date of new service tax rate i.e. @14%. If it is not passed in parliament can we issue service tax invoice @12.36%. Further if it is passed in parliament in later with effect from 01.04.15 then how we will recovered that difference from our customers. Please guide us. Posts / Replies Showing Replies 1 to 3 of 3 Records Page: 1
The CBEC has clarified with notification that the new rate of Service tax would come into effect from the date to be notified. Till such time the existing rate of service tax has be applied. Further, it depends whether the new rate will be prospective or retrospective. regards, ganeshan
Do not issue service tax @ 14%, issue service tax invoice @12.36% till the date government not notified. Click here to know in detailed provision Amendment in service tax rate
Yes, I agree with the advice of the experts. Page: 1 Old Query - New Comments are closed. |
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