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What Will Be The Effective Rate Of Service Tax W.e.f June 1, 2016 After Applicability Of Kkc? |
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Answer» The effective rate of Service TAX SHALL be 15% with effect from June 1, 2016 i.e. Service tax @ 14%, Swachh Bharat CESS (“SBC”) @ 0.5% and KKC @ 0.5% on VALUE of taxable services. The effective rate of Service tax shall be 15% with effect from June 1, 2016 i.e. Service tax @ 14%, Swachh Bharat Cess (“SBC”) @ 0.5% and KKC @ 0.5% on value of taxable services. |
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