Notice: Function _load_textdomain_just_in_time was called incorrectly. Translation loading for the ultimate-addons-for-gutenberg domain was triggered too early. This is usually an indicator for some code in the plugin or theme running too early. Translations should be loaded at the init action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /home3/a1636wpq/public_html/taxclick.org/wp-includes/functions.php on line 6114

Notice: Function _load_textdomain_just_in_time was called incorrectly. Translation loading for the rocket domain was triggered too early. This is usually an indicator for some code in the plugin or theme running too early. Translations should be loaded at the init action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /home3/a1636wpq/public_html/taxclick.org/wp-includes/functions.php on line 6114

Notice: Function _load_textdomain_just_in_time was called incorrectly. Translation loading for the wordpress-seo domain was triggered too early. This is usually an indicator for some code in the plugin or theme running too early. Translations should be loaded at the init action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /home3/a1636wpq/public_html/taxclick.org/wp-includes/functions.php on line 6114
Levy of krishi kalyan cess on debtors as on 01.06.2016 - All About Finance

Levy of krishi kalyan cess on debtors as on 01.06.2016

1. A new cess called as “Krishi Kalyan Cess” is to be levied @ 0.5%  on the value of taxable services. This cess is in addition to any cess or service tax leviable on taxable services.

2. The effective rate of service tax and cess w.e.f. 01.06.2016 would now be 15% on value of taxable services.

Rule

 

Manish R. Gadia
The author is Practicing Chartered Accountant. He can be reached at manish@gmj.co.in

Leave a Comment