10 March 2009
Service tax has been amended wef 24.02.2009. Now one of our service provider submitted service bill ( security services)with including srvice tax 12.36% and the bill date is 01.03.2009. Now my question is whether nwe rate (10.33%) or 12.36% will be applicable to this bill. Pls clarify
10 March 2009
In this case if the service is rendered before 24 th Feb 09 then the rate applicable will be 12.36% irrespective of the date of invoice raised. otherwise new rate will be applicable for all the services rendered on or after 24 th feb 09.