What is point of taxation

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Querist : Anonymous

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Querist : Anonymous (Querist)
02 October 2014 PLEASE EXPLAIN, WHAT IS POINT OF TAXATION IN ITS VERY SIMPLE MEANING ?

02 October 2014 POT is the point of time when the service is deemed to be provided. relevant for detremining when the service tax is required to be paid...

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Querist : Anonymous

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Querist : Anonymous (Querist)
02 October 2014 sir will you please bit elaborate this topic


04 October 2014 As per rule 6(1) of ST rules the date of payment is dependent on the POT. In simple language , the POT is the time at which the payment of service tax to Govt account becomes due....



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