Rate of Service Tax

Period Rate of Tax

01-07-1994 to 13-05-2003 5%

14-05-2003 to 09-09-2004 8%

10-09-2004 to 17-04-2006 10.20% (ST+EC)

18-04-2006 to 10-05-2007 12.24% (ST+EC )

11-05-2007 to 24-02-2009 12.36% ( S T + E C+ S HE C)

24-02-2009 to 31-03-2012 10.30% ( S T + E C+ S HE C)

01-04-2012 onwards 12.36% (ST+EC+SHEC)

Rate of Interest

Period Rate of Interest

01-07-1994 to 15-07-2001 1.5% p.m. and part thereof

16-07-2001 to 15-08-2002 24% p.a.

16-08-2002 to 09-09-2004 15% p.a.

10-09-2004 to 31-03-2011 13% p.a.

01-04-2011 onwards 18% p.a 15% p.a (Turover till 60 Lac)

Basic Exemption Limit

Period Basic Exemption Limit

01-07-1994 to 31-03-2005 No limit

01-04-2005 to 31-03-2007 Rs. 4 lakhs

01-04-2007 to 31-03-2008 Rs. 8 lakhs

01.04.2008 onwards Rs.10 lakhs

Due Date for Filling Return

For Half Year To Be Filled By

1st April to 30th September 25th October

1st October to 31st March 25th April

Due Date for Return Filling For Input Service Distributor (ISD)

For Half Year To Be Filled By

1st April to 30th September 30th October

1st October to 31st March 30th April

Due Dates For Payment Of Service Tax for Other than Corporate Assessee

Payable on Amount Received During The Quarter

Due Date

Manual E-payment

1st April to 30th June 5th July 6th July

1st July to 30th Sept. 5th Oct. 6th Oct.

1st Oct. to 31st Dec. 5th Jan. 6th Jan.

1st Jan. to 31st March 31st March 31st March

Due Dates For Payment Of Service Tax For Corporate Assessee

Payable on Amount Received During The Month

Due Date

Manual E-payment

For All Months Except March 5th day of next month

6th day of next month

For The Month Of March 31st March 31st March

Abatement Table

Sr.No.

Name Of Service Taxable Value %

Abatement Value %

1. Services in relation to financial leasing including hire purchase

10 90

2. Transport of goods by rail 30 70

3. Transport of passengers, with or without accompanied belongings by rail

30 70

4. Bundled service by way of supply of food or any other article of human consumption or any drink, in a premises ( including hotel, convention center, club, pandal, shamiana or any other place, specially arranged for organizing a function) together with renting of such premises

70 30

5. Transport of passengers by air, with or without accompanied belongings

40 60

6. Renting of hotels, inns, guest houses, clubs, campsites or other commercial places meant for residential or lodging purposes.

60 40

7. Services of Goods Transport Agency in relation to transportation of goods

25 75

8. Services provided in relation to chit 70 30

9. Renting of any motor vehicle designed to carry passengers

40 60

10. Transport of goods in a vessel 50 50

11. Services by a tour operator in relation to,- (i) a package tour

25 75

(ii) a tour, if the tour operator is providing services solely of arranging or booking accommodation for any person

10 90

(iii) any services other than (i) and (ii) above 40 60

12. Construction of a complex, building, civil structure or a part thereof, intended for a sale to a buyer, wholly or partly except where entire consideration is received after issuance of completion certificate by the competent authority

25 75