service tax rate

[Guest]

Is there any changes in service tax rate from 12.36% to 14% from 01.04.2015. what is the current abatement rate for GTA (Goods Transport Agency). Previous it was 70:30.

AI Summary

Service tax remains at 12.36%. 14% rate to be announced. GTA abatement rate confirmed at 70% from April 1, 2015. A user inquired about changes in the service tax rate from 12.36% to 14% effective April 1, 2015, and the current abatement rate for Goods Transport Agency (GTA). A respondent clarified that the service tax rate remains at 12.36% and the 14% rate will be implemented on a future date to be announced. The abatement rate for GTA is confirmed to be 70%. Another respondent reiterated that the 70% abatement rate for GTA is effective from April 1, 2015.