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Service tax from 14.5% to 15%, Service Tax

Issue Id: - 110430
Dated: 31-5-2016
By:- SURYAKANT MITHBAVKAR

Service tax from 14.5% to 15%


  • Contents

Bydget 2016 has proposed to impose a cess, called the Krishi Kalyan Cess. @0.5.% on all taxable services.

The new effective service tax will be @15%

Please let us know which date it will be effective and under which nofication.

Posts / Replies

Showing Replies 1 to 3 of 3 Records

Page: 1


1 Dated: 31-5-2016
By:- Rajagopalan Ranganathan

Sir,

KKC will come into effect from 01.06.2013.


2 Dated: 31-5-2016
By:- KASTURI SETHI

KKC has been levied vide clause 158 Chapter VI of Finance Bill, 2016 (Now enacted w.e.f.14.5.16). It is applicable from 1.6.16.


3 Dated: 31-5-2016
By:- Ganeshan Kalyani

Sir, Krishi Kalyan Cess is applicable on all taxable services w.e.f. 01.06.2016. This was proposed in Finance Bill 2016 which got assented and become an Act. Thanks.


Page: 1

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