Friday, 13 January 2017

AMENDMENT FOR IPCC MAY 2017 (IDT)

hello dear friends,
this article is important for IPCC students

Here i am going to aware you about the amendement in INDIRECT TAXES 

SERVICE TAX RATE
 SERVICE TAX RATE APPLICABLE FOR MAY 2017 ATTEMPT IS 15%

RATE : 15%
14%(NORMAL) + 0.5%(SBC) + 0.5%(KKC)  = 15%
SBC = SWACTH BHARAT CESS
KKC = KRISHI KALYAN CESS

TIP FOR EXAM 
YOU CAN CALCULATE DIRECTLY ON THIS RATE.
NO NEED TO CALCULATE ON 3 OF THEM SEPARETLY.
YOU JUST NEED TO STATE A NOTE REGARD THIS RATE 

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