Service Tax Changes in your ADDA

Dear ADDA Treasurers,

If you are in a hurry here is the summary : You need not do anything – we have automatically rolled out the new tax rates in your ADDA.

Here is our blog post about the New Service Tax Changes in effect from June 01, 2015. [ Read here ]

We have upgraded ADDA automatically to reflect the New Service Tax rate of 14%.

But you might wonder, what happens when you post invoices before 01-June-2015?

ADDA will automatically apply the old rate of 12.36% for all invoices posted before 01-June-2015.

Like we said before – you really need not do anything.

Cheers
ADDA Accounting Automation Department

 

 

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About the Author: Paul Maliakel

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Service Tax Changes in your ADDA

Dear ADDA Treasurers,

If you are in a hurry here is the summary : You need not do anything – we have automatically rolled out the new tax rates in your ADDA.

Here is our blog post about the New Service Tax Changes in effect from June 01, 2015. [ Read here ]

We have upgraded ADDA automatically to reflect the New Service Tax rate of 14%.

But you might wonder, what happens when you post invoices before 01-June-2015?

ADDA will automatically apply the old rate of 12.36% for all invoices posted before 01-June-2015.

Like we said before – you really need not do anything.

Cheers
ADDA Accounting Automation Department

 

 

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About the Author: Venkat

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