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TMI BlogPLEASE CONFIRM SERVICE TAX 16% APPLICABLE FROM APRIL'15 OR MARCH'15X X X X Extracts X X X X X X X X Extracts X X X X ..... PLEASE INFORM REVISED SERVICE TAX 16% APPLICABLE DATE WHETHER IT IS FROM 2015-16 OR FROM MARCH'15 . WHAT WILL BE EFFECT IN CASE OF FROM MARCH '15 ON ONLINE SERVICETAX RETURN2014-15.PL HELP. REGARDS, N K ROY - Reply By Naveed S - The Reply = Sir, The Service Tax rate is being increased from 12% plus Education Cesses to 14%. The Education Cess and Secondary and Higher Ed ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ucation Cess shall be subsumed in the revised rate of Service Tax. Thus, effective increase in Service Tax rate will be from existing rate of 12.36% (inclusive of cesses) to 14%. The new Service Tax rate shall come into effect from a date to be notified by the Central Government after the enactment of the Finance Bill, 2015 . Till the time the revised rate comes into effect, the levy o ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... f Education cess and Secondary and Higher Education cess shall continued to be levied in Service Tax. - Reply By MUKUND THAKKAR - The Reply = sir, Agree with Naveed comments, will get clarification up to second week of May.16. with the effect of 2% of swachh Bharat Cess. - Reply By MUKUND THAKKAR - The Reply = please read May 15 I/o May 16. - PLEASE CONFIRM SERVICE TAX 16% AP ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... PLICABLE FROM APRIL'15 OR MARCH'15 - Query Started By: - nandankumar roy Dated:- 11-3-2015 Service Tax - Got 3 Replies - Service Tax - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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