New Service Tax Rates Under Rules 7, 7A, 7B, 7C Effective June 1, 2015, per Notification No. 15/2015-ST.
Revised rates for the compounded levy of service tax under Rules 7, 7A, 7B, and 7C will be effective from June 1, 2015, as per Notification No. 15/2015-ST issued by the Government of India, Ministry of Finance, Department of Revenue. This notification exercises powers under section 94 of the Finance Act, 1994, and aligns with provisions outlined in a prior notification dated March 1, 2015. The changes are officially documented in the Gazette of India.
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