Tarun Kumar Prajapati
asked over 2 years ago
utkarsh
answered over 2 years ago
Hi Tarun, The effective rate of service tax for the may 16 exams is 14.5%. It includes 0.5% SBC which has become applicable from November 15..Thus effective rate is 14.55 of value of taxable service.
Anshuman
answered over 2 years ago
Hi, As per the RTP of the Institute and the Amendment Notes provided by various teachers, it has been concluded that swachh bharat cess of 0.5% shall be made applicable from november, 2016 onwards and the same shall not be applicable for May, 2016 examinations. The rate of Service tax, therefore shall be 14%.
Shreedhar Sutar
answered over 2 years ago
Hi Tarun, The rate of service tax applicable for the May 2016 exam is 14% since SBC was effective from 15th day of Nov, 2015 which is within 6months and thus rate applicable will be 14%.
Manoj
answered over 2 years ago
Hello, The rate of service tax applicable for the May 2016 exam is 14.5%. As such amendement is made 6 months before exam. Even more clearly you will get to know the rate of service tax applicable for the Revision Test Paper
