SKP Tax Alert
7 November 2015 | Volume 8 Issue 21
Swachh Bharat Cess applicable from 15 November 2015
 
A new cess called ‘ Swachh Bharat Cess’ was introduced by the Finance Bill 2015. It empowers the central government to charge tax on all or any service with the objective of financing and promoting Swachh Bharat initiatives.
 
In this regard, Notification no 21/2015-ST and 22/2015-ST dated 6 November 2015 have been issued stating that ‘ Swachh Bharat Cess’  would be levied at 0.5% on the value of taxable services. This tax is leviable on all services other than those exempted by way of notification or services that are not liable to tax under the Finance Act. 
 
The Swachh Bharat Cess is applicable from 15 November 2015, increasing the effective rate of tax to 14.5%.  

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This alert contains general information which is provided on an “as is” basis without warranties of any kind, express or implied and is not intended to address any particular situation. The information contained herein may not be comprehensive and should not be construed as specific advice or opinion. This alert should not be substituted for any professional advice or service, and it should not be acted or relied upon or used as a basis for any decision or action that may affect you or your business. It is also expressly clarified that this alert is not intended to be a form of solicitation or invitation or advertisement to create any adviser-client relationship.

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