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Service Tax now payable on Billing basis wef-01-07-2011

  Kushagra    29 June 2011 at 14:15

Thttp://www.caclubindia.com/editor_upload/136924568notification-no.25.pdfhere has been a major change in Service tax rules for point of taxation, earlier ST was payable on payment basis now the same has been changed to billing basis from 1.07.2011