Service Tax Rate From July 1, 1994
to June 1, 2015..
5% to 14% in 12 years
Service Tax Rate From
July 1, 1994
to June 1, 2015..
| ||||
Period
|
BASIC
RATE (%)
|
S.T.
(%)
|
HEC
(%)
|
Effective Rate (%)
|
July 1,1994 to May 13, 2003
|
5
|
0
|
0
|
5
|
May 14, 2003 to September 9, 2004
|
8
|
0
|
0
|
8
|
September 10, 2004 to April 17,
2006
|
10
|
2
|
0
|
12
|
April 18, 2006 to May 10, 2007
|
12
|
2
|
0
|
12.24
|
May 11, 2007 to Feb. 23, 2009
|
12
|
2
|
1
|
12.36
|
Feb. 24, 2009 to March 31, 2012
|
10
|
2
|
1
|
10.30
|
April 1, 2012 to May 31, 2015
|
12
|
2
|
1
|
12.36
|
June 1, 2015
|
14
|
0
|
0
|
14
|
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