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Service tax from 14.5% to 15%

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....ervice tax from 14.5% to 15%<br> Query (Issue) Started By: - SURYAKANT MITHBAVKAR Dated:- 31-5-2016 Last Reply Date:- 31-5-2016 Service Tax<br>Got 3 Replies<br>Service Tax<br>Bydget 2016 has proposed....

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.... to impose a cess, called the Krishi Kalyan Cess. @0.5.% on all taxable services. The new effective service tax will be @15% Please let us know which date it will be effective and under which nofica....

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....tion. Reply By Rajagopalan Ranganathan: The Reply: Sir, KKC will come into effect from 01.06.2013. Reply By KASTURI SETHI: The Reply: KKC has been levied vide clause 158 Chapter VI of Finance Bil....

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....l, 2016 (Now enacted w.e.f.14.5.16). It is applicable from 1.6.16. Reply By Ganeshan Kalyani: The Reply: Sir, Krishi Kalyan Cess is applicable on all taxable services w.e.f. 01.06.2016. This was pro....

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....posed in Finance Bill 2016 which got assented and become an Act. Thanks.<br> Discussion Forum - Knowledge Sharing ....