VATupdate

Share this post on

Point of Taxation for Change of Rate of Service Tax: Old Rate or New Rate? | LinkedIn

There are three parameters – 
1. Date of Completion of Service 
2. Date of receipt of Payment 
3. Date of Invoice 

If at least any two dates are before 01-06-2015 then old rate of 12.36% is applicable. 

Otherwise New service tax rate of 14% is applicable.

https://www.linkedin.com/grp/post/2451261-6007102987711848448

Sponsors:

VAT news

Advertisements:

  • AXWAY - VATupdate Banner