1. What is Swachh Bharat Cess?
The
Hon’ble Finance Minister in his Budget speech 2015-16 had proposed levy of
Swachh Bharat Cess. Such Cess was proposed for financing and promoting
initiatives towards Swachh Bharat.
Swachh
Bharat is not only a programme of hygiene and cleanliness but, at a deeper
level, a programme for preventive health care, and building awareness.
Now
"Swachh Bharat Cess” is effective from November 15, 2015, at the rate of
0.5% on all taxable services. Thus, rate of service tax will increase from 14%
to 14.5%. Now we will have to shell out a bit more service-tax so that our
country can become cleaner.
2. Whether Swachh Bharat Cess will be
levied on services which are in negative list or are wholly exempt from
service-tax?
Swachh Bharat Cess will be levied on
all services expect those services which are in the Negative list or are wholly
exempt from service-tax.
3. What should be the value of
taxable services for computation of Swachh Bharat Cess?
The taxable value for the levy of
Swachh Bharat Cess would be the same on which service-tax is levied.
As per Notification No. 23/2015
Swachh Bharat Cess of 0.5% would be levied on the abated value of taxable
services.
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