Service Tax @ 14% applicable from 1st June 2015 - Notification No. 14/2015

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  1. Riyaj Ansari

    Riyaj Ansari New Member

    tour package service tax revised rate 3.50%
    Parul_Gupta likes this.
  2. Prabhakaran N

    Prabhakaran N New Member

    Hi, just need a clarification.
    For Outstanding Invoice's (service rendered in Apr/May 15, charged @ 12.36%) remain unpaid by the client as on 1st June 15, is there a need to revise the Invoice @ 14% and resubmit to the client.
    Girijamba likes this.
  3. Parul_Gupta

    Parul_Gupta Active Member

  4. deepanshu 11

    deepanshu 11 New Member

    New rates for the sale of flats... ,,
  5. Parul_Gupta

    Parul_Gupta Active Member

  6. By raising Service Tax from 12.00% to 14% (a jump of 16.67% is very much significant wherein almost everything is now covered under Service Tax. Moreover now Primary and Secondary Education cess HAS BEEN ABOLISHED and what will happen to EDUCATION in my country, as the funds raised thr' the same was/ must be utilised under same head. Moreover as now Service Tax revenue is more than the Excise, so the Govt. should not have been clever and get so MUCH increase. Further one should realise how UAE is surviving and with a prosperous economy with just 5% taxes. In my opinion this increase is not justified even if we take GST commencement w.e.f. 1st April, 2016 when it is PROPOSED that all taxes will be in the range of 20%. Will the govt. need that much fund (without CORRUPTION). I do not think so subject to scrapping of Bullet Train project from India which shall empty our pocket.
    Amit Sahni likes this.
  7. Prem_Vmoksha

    Prem_Vmoksha New Member

    While filing half yearly return we need give break up of 14 % ? ( S.Tax ,Ed Cess , SHEC, SBC ??? )
  8. Parul_Gupta

    Parul_Gupta Active Member

  9. Prem_Vmoksha

    Prem_Vmoksha New Member

    Thank u

    GOVARDHANA New Member

    If Security agency (Proprietor Firm) raises the Invoice to (P) limited company, how the service tax rate will work, and who need to pay service tax and what is the rate.
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