Rates of service tax changed from 12% to 14% wef. 01-06-2015 and there will be no ceperate cess

సర్వీసు టాక్స్ రేట్లు మార్చబడినవి 

1. PLI / RPLI ల పై :

     మొదటి సంవత్సరము : 3.09 % నుండి 3.5% 

     తదుపరి కాలమునకు  : 1.545 % నుండి 1.75 %

2. ఇతర సర్వీసులకు        : 12 % నుండి 14% 

( వీటిపై సెస్సు పన్ను లేదు)

PRESS INFORMATION BUREAU 

GOVERNMENT OF INDIA 

***

INCREASE IN SERVICE TAX RATE FROM 12% TO 14% WITH EFFECT FROM 1ST JUNE, 2015 

New Delhi, May 20, 2015 

Vaisakha 30, 1937

In the Union Budget, 2015, an increase in the rate of Service Tax from 12% to 14% had been proposed from a date to be notified. The Finance Bill, 2015 has since been enacted and the Central Government has notified 1st June, 2015 as the date from which the rate of 14% would become applicable. The provisions levying Education Cess and Secondary and Higher Education Cess would also cease to have effect from same date i.e. 1st June, 2015, as the same would be subsumed in the service tax rate of 14%. Certain other changes have also been notified with effect from 1st June, 2015. However, the date of giving effect to the provisions relating to imposition of a Swachh Bharat cess on all or any taxable service will be done in due course. 

Courtesy : ipaspandhra.blogspot.in

Rates of service tax on PLI / RPLI also changed 

On 1st premium : from 3.09% to 3.50% (No cess)

Subsequent premium : from 1.545% to 1.75% (No cess)

Courtesy : nfpe.blogspot.in