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Service Tax Rate increased to 15% w.e.f 1.6.2016

(Krishi Kalyan Cess Added @ 0.5%)

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%

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Davneet Singh

Davneet Singh is a graduate from Indian Institute of Technology, Kanpur. He has been teaching from the past 12 years. He provides courses for Maths and Science at Teachoo.