{"id":613,"date":"2015-11-21T12:46:18","date_gmt":"2015-11-21T12:46:18","guid":{"rendered":"http:\/\/carajput.com\/blog\/?p=613"},"modified":"2021-12-27T16:05:14","modified_gmt":"2021-12-27T10:35:14","slug":"swachh-bharat-cess","status":"publish","type":"post","link":"https:\/\/carajput.com\/blog\/swachh-bharat-cess\/","title":{"rendered":"SWACHH BHARAT CESS"},"content":{"rendered":"

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www.carajput.com; Business Setup<\/figcaption><\/figure>\n

SWACHH BHARAT CESS (SBS)@ .5% APPLICABLE W.E.F. 15TH NOVEMBER, 2015<\/strong><\/span><\/h2>\n

With an intent to make a move towards environment protection, Honorable Finance Minister in Finance Bill, 2015, vide clause 117 of Chapter VI, has proposed \u2018Swachh Bharat Cess\u2019 (hereinafter referred to as \u2018SBC\u2019) @ 2% on the value of services. Today vide Notification No. 21\/2015-ST, Central Government appoints 15th November 2015 as the date of introduction of SBC. Central Government has also issued Notification No. 22\/2015-ST to exempt all taxable services from payment of SBC in excess of 0.5% of the value of services.<\/p>\n

Therefore w.e.f. 15th November 2015 \u2018Swachh Bharat Cess\u2019 @ 0.5% will apply on value of all taxable services or we can say w.e.f. 15th November 2015 effective rate of service tax<\/a> will be 14.5%.<\/p>\n

Here, it is pertinent to mention that SBC will not apply on non-taxable services and services which are exempt from service tax.<\/p>\n

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances; Hope the information will assist you in your Professional\u00a0endeavors. For query or help, contact:\u00a0singh@carajput.com<\/a>\u00a0\u00a0or call at 9555555480<\/p>\n","protected":false},"excerpt":{"rendered":"

SWACHH BHARAT CESS (SBS)@ .5% APPLICABLE W.E.F. 15TH NOVEMBER, 2015 With an intent to make a move towards environment protection, Honorable Finance Minister in Finance Bill, 2015, vide clause 117 of Chapter VI, has proposed \u2018Swachh Bharat Cess\u2019 (hereinafter referred to as \u2018SBC\u2019) @ 2% on the value of services. Today vide Notification No. 21\/2015-ST, …<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[150,172,4],"tags":[3511,3512,9038,2929],"class_list":["post-613","post","type-post","status-publish","format-standard","hentry","category-direct-tax","category-gst","category-indirect-tax","tag-honorable-finance-minister-in-finance-bill","tag-non-taxable-services","tag-service-tax","tag-taxable-services"],"aioseo_notices":[],"aioseo_head":"\n\t\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t