https://www.taxtmi.com/article/detailed?id=6269 Service Tax rate increase effective June 1, 2015 subsumes Education Cess and Secondary & Higher Secondary Education Cess and requires proportional revision of alternative rates for specified services under the Service Tax Rules. The Point of Taxation Rules determine whether old or new rates apply based on timing of service, invoice issuance and payment receipt. An enabling provision contemplates a future Swachh Bharat Cess, and the note queries adjustment of existing education cess balances against service tax liabilities pending Board clarification. en-us Wed, 20 May 2015 22:54:43 +0530 Wed, 20 May 2015 22:54:43 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=6269 Service Tax rate increase effective June 1, 2015 subsumes Education Cess and Secondary & Higher Secondary Education Cess and requires proportional revision of alternative rates for specified services under the Service Tax Rules. The Point of Taxation Rules determine whether old or new rates apply based on timing of service, invoice issuance and payment receipt. An enabling provision contemplates a future Swachh Bharat Cess, and the note queries adjustment of existing education cess balances against service tax liabilities pending Board clarification. Articles Service Tax Wed, 20 May 2015 22:54:43 +0530 https://www.taxtmi.com/article/detailed?id=6269