TaxTMI 
TaxTMI 
Sir,
What is the reason that central excise duty implement for the next day of its budgets announcement & service tax implements later, most probably from 1st April.
Regards,
Mridul Sethi
Why Service tax not implement from same date?
24 Apr 2012 
2 Replies 
1436 Views Asked by
Provisional collection of taxes enables immediate excise and customs increases, while service tax changes await enactment or notified dates.
The Provisional Collection of Taxes Act allows excise and customs increases to take effect immediately upon presentation of the Finance Bill via a declaration under section 3, but that Act does not apply to service tax; service tax changes become effective only after the Finance Bill is enacted or from dates specifically notified. (AI Summary)
The Provisional Collection of Taxes Act allows excise and customs increases to take effect immediately upon presentation of the Finance Bill via a declaration under section 3, but that Act does not apply to service tax; service tax changes become effective only after the Finance Bill is enacted or from dates specifically notified. (AI Summary)