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<h1>Education Cess on Taxable Services Removed by Finance Act 2015, Effective June 1, 2015, Under Section 95.</h1> Section 95 of the Finance (No. 2) Act, 2004, which pertained to the Education Cess on taxable services, was omitted by the Finance Act, 2015, effective June 1, 2015. Prior to its omission, this section imposed an Education Cess at a rate of two percent on taxable services, in addition to the existing tax under Chapter V of the Finance Act, 1994. The provisions and rules applicable to the levy and collection of the primary tax under the 1994 Act also applied to the Education Cess, including those concerning refunds, exemptions, and penalties.