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A new tax (cess), Krishi Kalyan Cess, is applicable from Jun 1 2016

Government is imposing one more cess, more or less like swacch bharat cess, from Jun 1 2016. It is called as Krishi Kalyan Cess (KKC). The funds collected from this would be used for development of agriculture and welfare of farmers. All the service providers should charge along with service tax and deposit it like service tax. The cess rate is 0.5%. So now the total tax to be charged would be 15%.

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A new tax (cess), Krishi Kalyan Cess, is applicable from Jun 1 2016

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A new tax (cess), Krishi Kalyan Cess, is applicable from Jun 1 2016