Symptoms
This article describes an update that adds new service tiers and performance levels (basic/basic, standard/s0-s2, and premium/p1-p3) to the Import Data-tier Application Wizard when you deploy to a Windows Azure SQL database in Microsoft SQL Server Management Studio 2014 (SSMS 2014).
Resolution
This update was first included in the following cumulative update of SQL Server.
Cumulative Update 4 for SQL Server 2014 /en-us/help/2999197
Each new cumulative update for SQL Server contains all the hotfixes and all the security fixes that were included with the previous cumulative update. Check out the latest cumulative updates for SQL Server:
Status
Microsoft has confirmed that this is a problem in the Microsoft products that are listed in the "Applies to" section.