Monthly Archives: May 2015

  • New rate of Service Tax w.e.f 1st June, 2015

    May 20 2015

    The Finance Ministry has issued Notification No.14/2015-Service Tax, dated 19th May, 2015. The rate of Service Tax is being increased from 12% to 14% (including cesses). The increase in Service Tax rate will come into effect from 1st June, 2015.

    Link for brief summary for determination of Point of Taxation (POT) vis-a-vis change in effective rate of tax.

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