You might be aware that Service tax rates have changed from 12.36% to 14% in this budget, which has come into effect from 1/3/2015.
We have sent payment advice to some of you, with the old service tax rates. We can accept the payments at 12.36% ST rates till the end of the week - ie. EOD Saturday 7th March 2015.
In case the payment is not received by that time, we will send a revised calculation with 14% ST, in the following week.
Thanks.
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