Service Tax is a tax levied by Central Government of India on services provided or to be provided excluding services covered under negative list and considering the Place of Provision of Services Rules, 2012 and collected as per Point of Taxation Rules, 2011 from the person liable to pay service tax. Person liable to pay service tax is governed by Service Tax Rules, 1994 he may be service provider or service receiver or any other person made so liable. Few services are presently exempt in public interest via Mega Exemption Notification 25/2012-ST as amended up to date & few services are charged service tax at abated rate as per Notification No. 26/2012-ST as amended up to date. Presently from 1 June 2015, service tax rate has been increased to consolidated rate @ 14% of value of services provided or to be provided. The service tax rate now is consolidated rate as education cess & secondary higher education cess are subsumed with 2% of "Swachh Bharat Cess" yet to be notified by the Government.
Manesh associates
Near Old Telephone Exchange Building
TRIKARIPUR-671310
Ph:0467-2213592,
manesh.tax@gmail.com
Near Kayyur Road junction
NH Main Road Cheruvathur
671 353, Kasargod - dist
Kerala 9497796722, 0467 2260333
