PRESS NOTE - Notified 1st June,2015 as the date from which the service tax rate of 14% would become applicable https://www.taxtmi.com/news?id=14517 Increase in the service tax rate to 14% is notified to take effect from 1 June 2015, implementing the Finance Bill, 2015 proposal and setting the operative date for the revised rate. Concurrently, the Education Cess and Secondary and Higher Education Cess cease to have effect from the same date as they are subsumed within the revised service tax rate, while the date for imposition of a Swachh Bharat cess will be notified later. en-us Wed, 20 May 2015 13:26:38 +0530 Wed, 20 May 2015 13:28:00 +0530 TaxTMI RSS Generator PRESS NOTE - Notified 1st June,2015 as the date from which the service tax rate of 14% would become applicable https://www.taxtmi.com/news?id=14517 Increase in the service tax rate to 14% is notified to take effect from 1 June 2015, implementing the Finance Bill, 2015 proposal and setting the operative date for the revised rate. Concurrently, the Education Cess and Secondary and Higher Education Cess cease to have effect from the same date as they are subsumed within the revised service tax rate, while the date for imposition of a Swachh Bharat cess will be notified later. News - Wed, 20 May 2015 13:26:38 +0530 https://www.taxtmi.com/news?id=14517