Calculation of service tax

This query is : Resolved 

14 December 2011 now calculation on invoice basis..? or payment -invoice which ever is erelier..?
and wef form what date..?

14 December 2011
As per my knowledge,
As per Finance Act,Calculation of service tax is based on RECEIPT BASIS. for this Invoice must be issued within 14 days from date..
1.of complition of service OR
2.Of payement received.
Which ever is earlier.


Regards,
Ronak Darji.

10 January 2012 but now calculation change ...../




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