W.E.F 1.6.2016, New
Service Tax Rate will be 15% as against 14.5% as earlier.
Additional Cess of .5%
needs to be shown as KKC (Krishi Kayan Cess) in the Invoice.
CENVAT Credit is
allowed of this cess.
This will be
applicable to all Register Private Limited Company, LLP Incorporation, Firm
Registration, One Person Company Registration. Service Tax has been constantly
revised upward by all successive governments which in turn has resulted in
increment of prices of necessary items.
All Online Business
Registration to keep this factor in mind while making new invoice.
Get update on not only Accounting/Book-Keeping/Government
Compliances but also about all new rules and regulations/opportunities for funds which will be your industry specific
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