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.
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%.
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%.
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