Service Tax Changes From Today, Make Sure You Crosscheck Your Bills!

Abhishek Mazumdar

November 15th, 2015 / 5:33 PM

Image Courtesy: guim

As many people are now aware, the government has implemented the Swachh Bharat cess on services from 5.6% to 5.8% from Nov 15, that is today.

The objective of the cess is to raise funds for Swachh Bharat. The funds raised will be used to build toilets to ensure open defecation is a thing of the past.

The cess is applicable at 0.5% on all taxable service. This will translate into a tax of 50 paisa only on every one hundred rupees worth of taxable services. For restaurants or eating joints having air-conditioning facility, the cess would be 0.5 per cent of 40 per cent of the billed amount i.e 0.2 per cent, which translates to 5.8% service tax rate on the service amount.

However, there could be some teething problems in the implementation of this new rate. We request all consumers to demand a receipt for all services they are paying for, and to ensure that service providers are charging this tax at the correct rate.

We also request consumers to stay vigilant and ensure that they are not being overcharged or double taxed.

 


Contributors

Edited by :

Share your thoughts..

Related Stories

India Will Soon Have 500 ‘Happy Fridges’ To Make Sure No One Goes To Bed Hungry, Thanks To This NGO

Now You Can Withdraw 75% Of Your PF Amount After One Month Of Leaving Job: Know About The Changes

FroLink Your Aadhaar Number To Your PAN

From 1 July, It Is Mandatory To Link Your Aadhaar Number To Your PAN; Here’s How You Can Do It Online

My Story Vietnam

Life Story: The People Here Appreciate You For Who You Are, They Never Judge You Based On Where You’re From

Women Pharmacist On Indo-Pak Border

This Pharmacist Risks Her Life Daily To Make Sure Her Dispensary Runs On Indo-Pak Border

My Story: Getting Married At 20 I Realised That Everything Changes, Your Thinking Too

Latest on The Logical Indian

Opinion

Gillette Ad Sparks Outrage Among Men-Is This The Best A Man Can Get?

News

Tamil Nadu: Over 70 injured In First Three Days Of Jallikattu Festival

News

Height Of Taboo: In Uttarakhand, Menstruating Women Were Kept Confined In Govt-Funded Building

Sponsored

Your Ratings In The Social World Might Have A Purpose Behind It

Exclusive

UPSC Protests Gain Momentum: Aspirants Demand Compensatory Attempt Due To Change In Exam Pattern

News

Prayagraj Kumbh Mela 2019: The Costliest At An Expense Of Rs 4,236 Crore

x

Stories that deserve attention, delivered to your inbox!

Handpicked, newsworthy stories which deserve the attention of a rational generation.