Mobile Money Transfer Service- Revised Service Tax

From: Anuj Bedi <anuj.bedi@maverickmobile.in>
Sent: 31 May 2016 10:45
Subject: Mobile Money Transfer Service- Revised Service Tax

Dear Sir,

This is regarding the attached  notification issued by Govt. of India (Ministry of Finance) regarding the revised Service Tax. The rate of Service Tax is being increased by 0.5% due to Krishi Kalyan Cess  as per the Notification, increase in Service Tax rate will come into effect from 1^st June,2016.

Since the  service belongs to Deptt. of Posts and Service tax is getting directly collected from customers end, so as per rules /guidelines DOP is supposed to deposit the full amount of service tax collected to government/ Deptt. Of Service tax. It is therefore intimated through this mail that with effect from 1^st June,16 the revised rates will be applicable for Mobile Money Transfer Service across the circles.

Please intimate the respective Regions , Divisions and Post offices that the  new Tariff applicable for the said service is as below:

Range	Tariff
Rs 1000/- to Rs 1500/-	Rs 46/- (Rs 6 S.T) Round off
Rs 1501/- to Rs 5000/-	Rs 81/- (Rs 10.5 S.T) Round off
Rs 5001/- to Rs 10000/-	Rs 115/- (Rs 15 S.T) Round off

Circular in this regard may be issued at the earliest.

Regards

Anuj Bedi

9711973009