Levy of "Krishi Kalyan Cess" with effect from 01st June 2016 :
In view of changes proposed by Finance Bill 2016, Krishi Kalyan Cess will be levied @ 0.50%, of the value of taxable services, in following cases :-
a. On all invoices remaining unpaid as on 31st May 2016
b. On all invoices issued on or after 01st June 2016