Tag: Year wise service tax rate

History of Service Tax Rates in India

  • 01/07/1994 – 13/05/2003 – 5%
  • 14/05/2003 – 09/09/2004 – 8%
  • 10/09/2004 – 17/04/2006 – 10.20%
  • 18/04/2006 – 10/05/2007 – 12.24%
  • 11/05/2007 – 23/02/2009 – 12.36%
  • 24/02/2009 – 31/03/2012 – 10.30%
  • 01/04/2012 – 30/05/2015- 12.36%
  • 01/06/2015 – 14/11/2015  – 14%
  • 15/11/2015 – 31/05/2016 – 14.5% [14% Service Tax + 0.50% Swach Bharath Cess]
  • 01/06/2016 – Now – 15% [14% Service Tax +0.50% Swach Bharath Cess + 0.50% Krishi Kalyan Cess]