Announcement on Service Tax 

Queries are received from a section of the members who are liable to pay service tax on the need to pay service tax on all services in view of the withdrawal of exemption notification. In this regard, such members are advised to comply with the service tax levy in respect of services rendered during the period from 01.03.2006 to 17.04.2006 @ 10.2%. With effect from 18.04.2006, being the date on which Presidential assent has been given, the rate of service tax on all services shall be 12.24%.



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