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Issue ID: 3938
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Service Tax revised date Effective date

Date 22 Mar 2012
Replies 8 Replies
Views 9702 Views
Restoration of service tax rate reinstated effective from April following withdrawal of exemption notification issued
Restoration of the service tax rate to 12% was effected by Notification No. 2/2012 dated 17-03-2012, rescinding Notification No. 8/2009 that had reduced the rate to 10%, and thereby reinstating the statutory rate of 12%. The notification-based withdrawal of the exemption made the revised rate effective from 01-04-2012, so the restored rate applies from that effective date. (AI Summary)

The Service Tax has been revised from 10% to 12% please confirm from which date it is effective.

also can anyone share the notification.

 

Regards

John Shannel

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