Service tax on bill raised in March'10

This query is : Resolved

Ravi Sodani (Querist)
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14 March 2011 Dear All
From the 1st April 2010 Point of Taxable is changed from maount recived to Invoice raised date.
My Doubt is that what about invoices raised before march'10 but payment yet not recived,
so what I have to do, if not recived payment in march'10.

Thanks a lot in advance

CA Unnikrishnan Nair N

CA Unnikrishnan Nair N (Expert)
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15 March 2011 When service has been provided ? Before or after 01-04-2011.

Ravi Sodani

Ravi Sodani (Querist)
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15 March 2011 Before March'10

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CA. Ramesh P Choudhary

CA. Ramesh P Choudhary (Expert)
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15 March 2011 As per Section 68 & Rule 6-

While charge of service tax is on provision of service and tax is payable only when the value of taxable service is received.

In your case service tax to be payable on when you received the payment of taxable service.