PLI / RPLI Service Tax was modified as 3.62 % and 1.82 % respectively for First year premia and Renewal premia vide PLI Directorate letter No. 19-9/2013-LI dated 13.11.2015.
Now, vide PLI Directorate letter No. 29-9/2013-LI dated 16.11.2015, clarification is received that the Revised Service Tax for PLI/RPLI Renewal premia is 1.81 % only, (and not 1.82%).
Revised Rates of Service Tax on PLI/RPLI are, For First Year premia : 3.62 %
For Renewal Premia : 1.81 %
Hence, Revised Calculator and Ready Reckoner Table are necessary. Download links for the same are given below.
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