TMI BlogService Tax RateX X X X Extracts X X X X X X X X Extracts X X X X ..... Service Tax Rate X X X X Extracts X X X X X X X X Extracts X X X X ..... icable service tax rate from 1 may 2015. Reply By PAWAN KUMAR: The Reply: Dear Sir, The rate has been proposed @14% in the budget but date of effectiveness has still not declared. Reply By ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Naveed S: The Reply: The rate of Service Tax is being increased from 12% plus Education Cesses to 14%. The 'Education Cess' and 'Secondary and Higher Education Cess' shall be subsumed in the ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... revised rate of Service Tax. Thus, the effective increase in Service Tax rate will be from the existing rate of 12.36% (inclusive of cesses) to 14%, subsuming the cesses. Presently, There sh ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... all be no change in the service tax rate and present rate shall remain in existence till the new rate shall be effective from a date to be notified after the enactment of the Finance Bill, 2015.. X X X X Extracts X X X X X X X X Extracts X X X X ..... Discussion Forum - Knowledge Sharing ..... X X X X Extracts X X X X X X X X Extracts X X X X
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