following changes in service tax will be effective from 01.04.2015

-Abatement rate in case of Goods transport service has been reduced from 75% to 70%.Hence effective rate of service tax will be 3.708% (earlier it was 3.09%)

-In case of manpower supply service,the service receiver should pay 100% of service tax on Reverse charge mechanism(earlier it was 75% of service tax).

Give some Likes to Authors