With effect from 15th November, 2015, Swachh Bharat Cess will be levied .
The levy shall be at the rate of 0.5% of the Value of Taxable Services .
Swachh Bharat Cess will be levied in addition to existing Service Tax rate of 14%.
New Rate of Service tax shall be 14.5% .
The aforesaid changes have been brought under Notification No. 21/2015-Service Tax dated 06.11.2015 and Notification No. 22/2015-Service Tax dated 06.11.2015 .
It is pertinent to note that its a step forward to the GST Rate of 18% on Service Sector in GST Era .