https://www.taxtmi.com/article/detailed?id=6144 The Finance Bill proposes to substitute the statutory service tax charging rate with a consolidated 14% rate that will come into effect only after enactment and notification by the Central Government; upon effectiveness the education cesses on service tax will cease to apply. The Bill separately empowers levy of a Swachh Bharat Cess on the value of all or specified taxable services, to be notified after enactment, which will operate in addition to the consolidated service tax and affect overall tax incidence. en-us Sat, 07 Mar 2015 05:40:16 +0530 Sat, 07 Mar 2015 05:40:16 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=6144 The Finance Bill proposes to substitute the statutory service tax charging rate with a consolidated 14% rate that will come into effect only after enactment and notification by the Central Government; upon effectiveness the education cesses on service tax will cease to apply. The Bill separately empowers levy of a Swachh Bharat Cess on the value of all or specified taxable services, to be notified after enactment, which will operate in addition to the consolidated service tax and affect overall tax incidence. Articles Service Tax Sat, 07 Mar 2015 05:40:16 +0530 https://www.taxtmi.com/article/detailed?id=6144