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Service Tax Rate 12.36% to 14%

Guest

Dear Sir,

Can any one clarify as to whether new rate is effective from today midnight onwards or from 01st April 15.

Regards...

Service tax effective date confirmed as start of April, resolving dispute on immediate midnight applicability. Question whether a newly announced change in service tax rate takes effect immediately at midnight or from the commencement of April was posed and answered: the revised rate becomes effective from the beginning of April, not at the immediately preceding midnight, resolving timing uncertainty for implementation. (AI Summary)
Service Tax
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MUKUND THAKKAR on Feb 28, 2015

1st April-15

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