Rates from the beginning are as follows.
Period
|
Basic Rate
|
EC
|
SHEC
|
SBC
|
KKC
|
Total
|
01-07-1994 to
13-05-2003
|
5%
|
-
|
-
|
5%
|
||
14-05-2003 to
09-09-2004
|
8%
|
-
|
-
|
8%
|
||
10-09-2004 to
17-04-2006
|
10%
|
2%
|
-
|
10.20%
|
||
18-04-2006 to
10-05-2007
|
12%
|
2%
|
-
|
12.24%
|
||
11-05-2007 to 23-02-2009
|
12%
|
2%
|
1%
|
12.36%
|
||
24-02-2009 to
31-03-2012
|
10%
|
2%
|
1%
|
10.30%
|
||
01-04-2012 to 31-5-2015
|
12%
|
2%
|
1%
|
12.36%
|
||
From 1-6-2015 (No SBC up to
14 Nov. 15)
|
14%
|
14%
|
||||
From 15 Nov. 15 (Addl. SBC
levy)
|
14%
|
0.5%
|
14.5%
|
|||
From 1 June’16 (Addl. KKC) till date.
|
14%
|
0.5%
|
0.5%
|
15%
|
||
EC : Education Cess
SHEC : Secondery &
Higher Education Cess.
SBC : Swatch Bharat Cess
(Not eligible for Credit & setoff against output liability)
KKC : Krishi Kalyan Cess
(Not eligible for Credit & setoff against output liability)
