TaxTMI 
TaxTMI 
which date effect on new service tax rate after budget 2015
service tax after budget 2015
12 Mar 2015 
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Service Tax rate increase takes effect from government notification after enactment, with education cesses subsumed upon notification.
An amendment raises the service tax rate and subsumes the Education Cess and Secondary and Higher Education Cess into the revised rate; the new rate operates from a date to be appointed by the Central Government by notification after the Finance Bill is enacted, and until that notification the existing cesses continue to be levied. (AI Summary)
An amendment raises the service tax rate and subsumes the Education Cess and Secondary and Higher Education Cess into the revised rate; the new rate operates from a date to be appointed by the Central Government by notification after the Finance Bill is enacted, and until that notification the existing cesses continue to be levied. (AI Summary)