Service Tax Rate @12.36%, Service Tax Rate Chart Last 10 Years in India

Service Tax Rate Chart for Last for 10 Years in India with Current Changes in Service Tax Rates in India. After the Finance Act, 2012 New Service tax rate of 12.36% was introduced i.e.12% service tax rate and 3% education cess on service tax. Service tax rate before 1.04.2012 was 10% plus education cess of 3% of service tax and that rate was introduced in 2009. Another major change was introduction of negative list concept in service tax in year 2012, which means now all the services are covered under service tax except which are exempted by government. So the Central Board of Excise and Customs (CBEC) has   issued the Notification No. 25/2012 dated 20th June, 2012, giving detail list of services which will be exempted from payment of service tax w.e.f. 01-07-2012 (1st July 2012).

Service Tax Rate Chart for Last 10 Years .i.e From 13.05.2003 to Till Date (31.10.2013)

Sr.No.PeriodRate of Service TaxRate of Education CessRate of Secondary & Higher Education CessTotal Service Tax
1Till 13.05.20035%NilNil

5%

214.05.2003 to 09.09.20048%NilNil

8%

310.09.2004 to 17.04.200610%2% of the S.T.Nil

10.20%

418.04.2006 to 31.05.200712%2% of the S.T.Nil

12.24%

501.06.2007 to 23.02.200912%2% of S.T.1% of S.T.

12.36%

6From 24.02.200910%2% of S.T.1% of S.T.

10.30%

7From 01.04.2012 till date*12%2% of S.T.1% of S.T.

12.36%

* Service Tax Rate for Year 2013-14

Read When Service Tax is Charged or When to Pay Service Tax

3 thoughts to “Service Tax Rate @12.36%, Service Tax Rate Chart Last 10 Years in India”

  1. Please reply about Service Tax applicable in Construction company work following……
    1) labour supply
    2) with material work
    3) material supply
    4) sequrity guard supply
    5) vehical in ren
    6) mechinaries in rent

Leave a Reply

Your email address will not be published. Required fields are marked *