Some services face additional 2% surcharge
As part of the move towards GST, the service tax was raised from 12% to 14% with a 2% surcharge on the value of the service.

“It does not mean that on all services we are going to levy additional 2%. It will be on certain select services. If you read the speech it says not more than 2%. Therefore it need not be 2% it could be less than that and from a date to be notified,“ revenue secretary Shaktikanta Das told TOI in an interview.
As part of the move towards GST, the service tax was raised from 12% to 14% with a 2% surcharge on the value of the service.
“We are working out the details. The sectors have not been identified.“
The Economic Times Business News App for the Latest News in Business, Sensex, Stock Market Updates & More.
The Economic Times News App for Quarterly Results, Latest News in ITR, Business, Share Market, Live Sensex News & More.