As per which notification the service tax is fixed to 14.5%?
Answer Posted / raghuvstar@gmail.com
Notification is "22/2015"
Its Effect After 14 Nov 2015.
we need to raise the Service Invoices as rated 14.5%
we need to show separately 14% & 0.5% in invoice.
*We cant claim .05% as input
*We need to pay what we collected .0.5% to Govt....
*same we can claim as expenses (Transfer to P&L a/c.
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