Ans.The new service tax rate @15% is applicable from 1st June 2016.This includes Service tax @ 14%, Swachh Bharat Cess @0.5% and Krishi Kalyan Cess @0.5%.
For further details refer New service tax rate w.e.f 1.6. 2016.
Q.What is the new service tax rate and from when it is applicable?
