20 September 2012
Effective rate of ST and date of POT If rate of ST changed from 1.4.2012 service provided 28/03/2012 invoice issued 30/03/2012 payment made 05/04/2012
A.Effective rate of ST .....(reverse charge) point of taxation ../../..(reverse charge) B.Effective rate of ST .....(normally) point of taxation ../../..(normally)
20 September 2012
Effective rate would be the rate at the time of point of taxation- Point of taxation when rate is changed is determined as followes- There are 3 activities- 1. Provision of Service 2. Raising of an Invoice 3. Payment of Services
If any two out of 3 have happened before 01/04/2012 then rate would be 10.30%
20 September 2012
If it is under the reverse charge the point of taxation would be payment for the services and payment is made in april the rate would be 12.36%
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