Service Tax Alert: Increase of The Service Tax Rate and Expansion of Scope of Taxable Services
Starting March 1, 2024, there is a proposed increase in the service tax rate from 6% to 8% applicable to taxable services. The scope of taxable services is also expanding to include four new services.
However, it's important to note that the service tax increase from 6% to 8% will not apply to the following categories:
- Food and Beverage
- Telecommunication
- Vehicle Parking Space
- Logistic
Expansion of Taxable Service Scope
DETAILS :