Service Tax Changes from 1 June 2015

The new service tax rate of 14% is applicable from 1st June 2015 (per Notification No. 14/2015-ST dated 19th May 2015). Ensure that all your bills and invoices from that date on has the higher rate of service tax. Also ensure that you DO NOT charge the Education and Higher Education Cess (2% and 1%) … Continue reading Service Tax Changes from 1 June 2015