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Service Providers be ready to fulfill the Dream of Modi’s ‘Swachh Bharat’

Service Providers be ready to fulfill the Dream of Modi’s ‘Swachh Bharat’ - Service Tax - By: - Pradeep Jain - Dated:- 2-3-2015 Last Replied Date:- 30-12-1899 - It is a regular practice of the government to follow tactics that are illusive and mislea .....

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to 14% (after exemption from Education Cess and SHE Cess). However, the effective rate of service tax that will come force after the Finance Bill receives the assent of the President is 16% because a new Cess has been introduced by the government in .....

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The Finance Minister has announced Budget on 28th of February, 2015, wherein a new chapter VI has been inserted in the Finance bill that contains a new levy of cess called the Swachh Bharat Cess . This chapter empowers the government to impose Cess o .....

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ent has not given any further details of this levy Swachh Bharat Cess . Consequently, a number of questions are haunting the minds of the assessee as follows:- Whether there will be new accounting head for deposition of this cess? Whether Cenvat cr .....

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ted questions will remain unanswered until the enactment of Finance bill, 2015. But it seems that in respect of indirect tax, Government s main focus on service tax. They are going to raise the rate of service tax from 12.36% to 14% and then this Swa .....

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