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Service Tax revised date Effective date, Service Tax |
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Service Tax revised date Effective date |
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The Service Tax has been revised from 10% to 12% please confirm from which date it is effective. also can anyone share the notification.
Regards John Shannel Posts / Replies Showing Replies 1 to 8 of 8 Records Page: 1
Notification No. 3/2012-ST dtd.17-03-2012 w.e.f. 01-04-2012
It is not notification No. 3/2012 but 2/2012 by which earlier Notification No 8/2009 reducing service tax rate from 12% to 10% has been rescinded. Since notification is effective from 01/04/2012, revised rates apply from 01/04/2012
Sorry for wrong notification. It was a typo mistake. Thanks for correcting mine vi
Sorry for wrong notification. It was a typo error. Thanks for correcting mine point of view.
Dear Sir, The Rate of Service Tax is restored to the statutory rate of 12%. same as goods vide Notification No. 2/2012,dt 17/03/2012 and Notification No 8/2009 dt. February 24,2009 has beeb rescinded effeective April 1, 2012.
Yes. It is effective from 01-04-2012.
Had this been by amendments in the relevant section, this would have been applicable with effect from date of enactment of finance bill and not from 01/4/2012.That is why we are calling it restoration of previous ratesby way of withdrawl of exemptionnotification.
Effective date fo service tax @ 12 % rate of tax is applicable from 1st April, 2012Page: 1 Old Query - New Comments are closed. |
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