history-of-service-tax-rates-in-india GST
History of services taxes in India

History of Service Tax Rates in India

In India taxation system on products, goods and services were came into implementation since 1994 History of Service Tax Rates in India From the year 1994 to 2017 it has been revised 11 times.
01/07/1994 – 13/05/2003 – 5%
14/05/2003 – 09/09/2004 – 8%
10/09/2004 – 17/04/2006 – 10.20%
18/04/2006 – 10/05/2007 – 12.24%
11/05/2007 – 23/02/2009 – 12.36%
24/02/2009 – 31/03/2012 – 10.30%
01/04/2012 – 31/05/2015 – 12.36%
01/06/2015 – 14/11/2015 – 14%
15/11/2015 – 31/05/2016 – 14.5% [14% Service Tax + 0.50% Swacch Bharath Cess]
01/06/2016 – 30/06/2017 – 15% [14% Service Tax + 0.50% Swacch Bharath Cess + 0.50% Krishi Kalyan Cess]
From 01/07/2017 – Goods and Service Taxes (GST) came into implementation which is continued till today…
GST taxes are defined differently on different products and services…
it is divided in 5 slabs which are mentioned below :
0%, 5%, 12%, 18% and 28%

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