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what is the new service tax rate for the FY 2015-16?

Open uri20170510 32134 7ezpi6?1494421819 jaggu asked almost 3 years ago

what is the new service tax rate for the FY 2015-16?

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4 Answers
Avatar 37a3bd7bc7328f0ead2c0f6f635dddf60615e676e6b4ddf964144012e529de45 narahari answered over 2 years ago

At present the rate of Service Tax is 14% to be levied on the "Value of Taxable Service" and Education Cess @2% and Higher Education Cess@1% is leviable on the Service leived and collected.

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Avatar 37a3bd7bc7328f0ead2c0f6f635dddf60615e676e6b4ddf964144012e529de45 lochan answered almost 3 years ago

**SERVICE TAX RATE FOR FY 2015-16** At present the rate of Service Tax is 14% to be levied on the "Value of Taxable Service" and Education Cess @2% and Higher Education Cess@1% is leviable on the Service leived and collected. Generally speaking "Value of Taxable Service" means the gross amount received by the Service provider for the taxable service rendered by him. Thanks

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Data?1494421730 rohit awasthi answered almost 3 years ago

Dear Friend Upto 31.05.2015 - 12.36% From 01.06.2015 - 14.00% Thanks

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Avatar 37a3bd7bc7328f0ead2c0f6f635dddf60615e676e6b4ddf964144012e529de45 CA Sandeep Bohra answered almost 3 years ago

Dear Friend, The service tax rate upto 31st my june 2015 is 12.36%. However, form 1 june 2015 the rate of service tax is 14%

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