Friday, April 13, 2012

Service Tax for India Post Premium Products raised

Government of India
Ministry of Communications & IT
Department of Posts
Business Development & Marketing Directorate
Dak Bhawan, New Delhi- 110001

N0: 57-10/2011-BD&MD                                            Dated                      04.04.2012

Subz- Service Tax - Action to be taken in respect of Premium Products.

This is with reference of ADG (Accounts) letter No. PA Book I/ST/VOL iv/2012-13 dated 02.04.2012 & 04.04.2012 forwarding of Gazette Notification No. 2/2012-Service Tax dated 17.03.2012 (copy enclosed).

2. The rate of Service Tax is 12% w.e.f. 01.04.2012. There is no change in
Education Cess (2%) and Secondary and Higher Secondary Education Cess (1%). Thus
the effect of the rate of Service Tax is 12.36% w.e.f. 01.04.2012.

3. Immediate action is required for implementing the revised Service Tax rates wherever it is applicable. Please take immediate action for change of the rate of Service Tax in the Software locally.

                                                                                                       (Smita Kumar)
                                                                                                 General Manager (SP)
1) All Head of Circles
2) oso, CEPT

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