Increased rate of Service tax will become applicable from 1 June 2015

On 20.05.2015, the Central Government notified that the increased rate of Service tax i.e., 14% would become applicable from 01.06.2015. The Finance Act, 2015 which received the assent of the President on 14.05.2015 increased the rate of Service tax from 12% to 14%, which will become effective from the date notified by the Central Government.  

-Ministry of Finance

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