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    <title>Clarification on rate of service tax</title>
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    <description>The Service Tax rate increase will subsume the Education Cess and Secondary and Higher Education Cess and will come into effect only from a date to be notified by the Central Government after enactment of the Finance Bill, 2015; until such notification the existing levy, including the cesses, continues. Valuation rules for services supplying food or beverages by restaurants, eating joints or messes remain unchanged by the Budget and the specified portion of the amount charged for such supplies continues to be treated under the existing valuation and abatement provisions.</description>
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      <pubDate>Fri, 10 Apr 2015 00:00:00 +0530</pubDate>
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