Finally, it is time for service providers to charge Service Tax rate @14% and for the customers to shed out more money on your regular dining and other services.
Ministry of Finance, on 19th May 2015 has come out with the Notification No. 14/2015-Service Tax declaring the increase in service tax from 12.36% to 14% with effect from 1st June 2015.
Here are certain combinations which can be referred for charging service tax rate in your bill:
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