Wednesday, March 02, 2016

KRISHI KALYAN CESS OF 0.5% ON ALL TAXABLE SERVICES

Krishi Kalyan Cess of 0.5% imposed on all taxable services in Union Budget 2016-17. Finance Minister Arun Jaitely in General Budget 2016-17 introduced Krishi Kalyan cess of .5% on all taxable services for agricultural sector. It will cost extra to consumers on all services like watching Movie, visit restaurants, booking tickets and all other services inline with swatch bharat cess imposed earlier.

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