Service tax may move up from 15% to 18% under GST: Revenue Secretary Hasmukh Adhia

Services sector is likely to attract a higher tax rate of 18 per cent from the current 15 per cent under the Goods and Services Tax (GST) regime, thus making services "slightly" more expensive, Revenue Secretary Hasmukh Adhia has said.  "Yes, for the services sector the standard rate may move to 18 per cent," Adhia told IANS in an interview here.  However, those exempted at present -- li…