24 November 2012
Service provider has provided service before 31st march,2012 and issued invoice before 31st march,2012 but failed to make payment o or before 31st march,2012.S.T.Rate-10.3% Service Tax rate changed from 1.4.2012 Now issue is whether payment in later period should be paid with interest on Service Tax Liability of 10.3% or liability should be recalculated as per 12.36%.
CAclubindia
