Increased rate of service tax from 12.36% to 14% shall be effective from 1-6-2015 - Date in respect of (i) services provided by the Government or local authority to a business entity and (ii) Swachh Bharat Cess shall be notified later - Prescribes effective date as 1-6-2015 on which the provisions of clauses (a), (c) and (f) of section 107, section 108, sub-sections (2), (3) and (4) of section 109, section 153 and section 159 of the Finance Act, 2015 shall come into force. - 14/2015 - Service Tax

Service Tax Rate Hike to 14% Effective June 1, 2015; Swachh Bharat Cess Date Pending Announcement

The service tax rate is increased from 12.36% to 14%, effective June 1, 2015. This applies to services provided by the government or local authorities to business entities. The implementation date for the Swachh Bharat Cess will be announced later. The provisions of specific sections of the Finance Act, 2015, namely clauses (a), (c), and (f) of section 107, section 108, sub-sections (2), (3), and (4) of section 109, section 153, and section 159, will also come into force on June 1, 2015, as per the notification by the Ministry of Finance.