0.5% Swachh Bharat cess on all services from 15th Nov 15

0.5% Swachh Bharat cess on all services from 15 th Nov 15, Swachh bharat cess @.5% on worth of service applicable w.e.f. 15 th nov’15 onwards. Federal government of India decides to enforce a Swachh Brarat Cess at the rate of 0.5% from 15 th Nov 2015 on all services presently liable to service tax, with impact from 15 th November2015 Check out Complete alert from below–

Swach Bharat Cess Notification No. 22/2015

[TO BE PUBLISHED IN THE GAZETTE OF INDIA,
EXTRAORDINARY, PART II, SECTION 3, SUB-SECTION (i)]
GOVERNMENT OF INDIA
MINISTRY OF FINANCING
( DEPARTMENT OF INCOME)

New Delhi, the 6th November, 2015

Alert No. 22/2015- Service Tax

G.S.R.–( E).- In exercise of the powers provided by sub-section (1) of area 93 of the Finance Act, 1994 (32 of 1994) checked out with sub-section (5) of area 119 of the Financing Act, 2015 (20 of 2015), the Central Government, being pleased that it is needed in the public interest so to do, hereby excuses all taxable services from payment of such amount of the Swachh Bharat Cess leviable under sub-section (2) of area 119 of the stated Act, which is in excess of Swachh Bharat Cess determined at the rate of 0.5 percent. of the worth of taxable services:

Should Read– FAQ on Swachh Bharat Cess (SBC)– 20 Many Asked Concerns

Supplied that Swachh Bharat Cess shall not be leviable on services which are exempt from service tax by a notice issued under sub-section (1) of area 93 of the Financing Act, 1994 or otherwise not leviable to service tax under section 66 B of the Finance Act, 1994.

This notification shall enter force from the 15 th day of November, 2015.

[F.No. 354/129/2015 – TRU]

( K. Kalimuthu)
Under Secretary to the Government of India

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Please Note the following:–LRB- .

SBC to be revealed and charged Individually in the Service Invoice.
Service Tax will be @ 14% & SBC will @ 0.5%. Both requirements to be revealed individually in the Invoice. Do not show the Service Tax as 14.5%.
As of now, there is no amendment passed in the CENVAT Credit guidelines. Hence, SBC Can not be taken credit for payment of Service tax using CENVAT Credit.
The Accounting Codes Alerted are follows in regard of SBC
i) Swacch Bharat Cess– 0044-00-506(Minor Head)

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Swach Bharat Cess Notification No. 21/2015

[TO BE PUBLISHED IN THE GAZETTE OF INDIA,
EXTRAORDINARY, PART II, SECTION 3, SUB-SECTION (i)]
GOVERNMENT OF INDIA
MINISTRY OF FINANCING
( DEPARTMENT OF EARNINGS)

New Delhi, the 6th November, 2015

Alert No. 21/2015- Service Tax

G.S.R.–( E).- In exercise of the powers provided by sub-section (1) of section 119 of the Finance Act, 2015 (20 of 2015), the Central Government hereby designates the 15 th day of November, 2015 as the date with effect from which the arrangements of Chapter VI of the said Act, will enter force.

[F.No. 354/129/2015 – TRU]

( K Kalimuthu)
Under Secretary to the Federal Government of India