Service Tax Rates have changed from time to time as shown below
Period | Rate of Service Tax |
Till 31 May 2015 | 12.36% |
From 1 June 2015 to 14 Nov 2015 | 14% |
From 15 November 2015 to 31 May 2016 | 14.5% |
From 1 June 2016 | 15% |
BREAKUP OF DIFFERENT TAX AND CESS
Note:-
Primary and Secondary Education Cess was charged on Tax
Swachh Bharat Cess and Krishi Kalyan Cess were charged on Amount
it is better to show these cess separately while making bill and passing entries
Note:-
Service tax Return is deposited Six Monthly
What is Service Tax Rate Applicable for the following Returns
April 2015-Sep 2015
Oct 2015-March 2016
April 2016-Sep 2016
Oct 2016-March 2017
View AnswerPeriod | Date |
April 2015-Sep 2015 | April-May 12.36% |
July-Sep-14% | |
Oct 2015-March 2016 | Oct-14 Nov 14% |
15 Nov-31 March-15% | |
April 2016-Sep 2016 | April-May 14.5% |
July-Sep-15% | |
Oct 2016-March 2017 |
Oct-March 15% |