https://www.taxtmi.com/article/detailed?id=6518 Swachh Bharat Cess is a separate levy on taxable services, raising the effective service tax rate to 14.5%. Abatements and existing valuation rules apply to SBC in the same proportion as to service tax; SBC must be charged, shown, accounted and paid separately. Services exempt from service tax remain exempt from SBC. Transitional application depends on Point of Taxation events and reverse charge payment dates. Absent amendment to Cenvat Credit rules, SBC on input services is not currently available as credit, increasing costs and compliance requirements. en-us Tue, 10 Nov 2015 11:18:46 +0530 Tue, 10 Nov 2015 11:18:46 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=6518 Swachh Bharat Cess is a separate levy on taxable services, raising the effective service tax rate to 14.5%. Abatements and existing valuation rules apply to SBC in the same proportion as to service tax; SBC must be charged, shown, accounted and paid separately. Services exempt from service tax remain exempt from SBC. Transitional application depends on Point of Taxation events and reverse charge payment dates. Absent amendment to Cenvat Credit rules, SBC on input services is not currently available as credit, increasing costs and compliance requirements. Articles Service Tax Tue, 10 Nov 2015 11:18:46 +0530 https://www.taxtmi.com/article/detailed?id=6518