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Swachh Bharat Cess grafted onto service tax levy- (Ministry of Finance ) (16 Nov 2015)

Service Tax

In a flurry of notifications the Ministry of Finance announced the imposition of an additional 0.5 per cent Swachh Bharat levy on service tax, effective 15 November, 2015. However, taxable services under Section 119(2) of the Finance Act, 1994 will be exempted from the levy. Section 119 of the Finance Act, 2015 and FAQ’s on the new levy can be READ HERE.

Relevant : Services exempt from Swachh Bharat Cess

Monthly or quarterly payment

Tags : SWACHH BHARAT   SERVICE TAX   EXEMPT  

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