Service Tax Rates

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Service Tax Rate of Interest

Period Rate of Interest 
01-07-1994 to 15-07-2001 1.5% p.m. and part thereof 
16-07-2001 to 15-08-2002 24% p.a. 
16-08-2002 to 09-09-2004 15% p.a. 
10-09-2004 to 31-03-2011 13% p.a. 
01-04-2011 onwards 18% p.a 
15% p.a (Turover till 60 Lac)