every service other than services mentioned in the Negative list. Under the Service tax from the year of original levying year of 1994 are constantly growing. The collections are shown in the following table: Rates Service tax, which started out at a nominal 5%, now stands at 15%. It was increased to 14% for transactions that happened on or after 1 June 2015 and then for transactions that occurred on or after 15 Nov 2015, the new Swachh Bharat Cess at 0.5% was also added to the Service Tax. Therefore, the effective rate became 14.5% with effect from 15 Nov 2015. For transactions that occurred on or after 1 June 2016 this tax is at 15%. 2016 Union budget of India has proposed to impose a cess, called the Krishi Kalyan Cess, at 0.5% on all taxable services effective from 1 June 2016. The current service tax is at 15%. With the introduction of Krishi Kalyan Cess at 0.5% w.e.f 1 June 2016, the effective rate of Service tax would eventually go up to 15%, which was earlier increased to 14% (with subsumption of Education Cess and Secondary and Higher Education Cess) from 12.36% w.e.f 1 June 2015 and Swachh Bharat Cess at 0.5% on the value of all taxable services imposed w.e.f 15 November 2015. Krishi Kalyan Cess, which was announced during the 2016–17 Budget, has become applicable from 1 June. A tax of 0.5% would be levied over and above the Service Tax and Swachh Bharat Cess. Till 31 May 2016, the Service Tax rate was 14.5%. With Krishi Kalyan cess, the service tax would increase to 15%. While Swachh Bharat Cess was levied to conduct a cleanliness drive in India, the new cess has been levied to finance and promote initiatives to improve agricultural growth. 14/05/2003 – 09/09/2004 – 8% 10/09/2004 – 17/04/2006 – 10.20% 18/04/2006 – 10/05/2007 – 12.24% 11/05/2007 – 23/02/2009 – 12.36% 24/02/2009 – 31/03/2012 – 10.30% 01/04/2012 – 31/05/2015 – 12.36% 01/06/2015 – 14/11/2015 – 14% 15/11/2015 – 31/05/2016 – 14.5% (14% Service Tax + 0.50% Swachh Bharat Cess) 01/06/2016 – 30/06/2017 – 15% (14% Service Tax + 0.50% Swachh Bharath Cess + 0.50% Krishi Kalyan Cess) Small scale exemption Service tax is only liable to be paid in case the total value of the service provided during the financial year is more than . If the value of services provided during a