Education cess on taxable services was charged as an additional levy on service tax until its statutory omission. Section 95 imposed an Education Cess on taxable services, calculated on the service tax levied under Chapter V of the Finance Act, 1994, as an additional ... Summary
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Education cess on taxable services was charged as an additional levy on service tax until its statutory omission.
Section 95 imposed an Education Cess on taxable services, calculated on the service tax levied under Chapter V of the Finance Act, 1994, as an additional charge; Chapter V's provisions on levy, collection, refunds, exemptions and penalties were made applicable to the cess.
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