New Service Tax Rate of 14% applicable from June 1st, 2015

Posted By on May 20, 2015

The new service tax rate of 14% will come into effect from June 1st, 2015. Service Tax is currently levied at the rate of 12.36%, including education cess.

Service Tax is levied on all services, except a small list if services earmarked under the Negative List.IMG-20150519-WA0002

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