04 March 2009
Hi, I wanted to know that service tax reduction to 10.30 % is effected from 24.02.09 but if i raised bill after 24.02.09 on which service is already rendered in january then at what rate bill is to be raised?
04 March 2009
Several Queries have been received on applicability of new rate of service tax where payment has not yet been received for service renders. It is clarified that lower rate of 10.30 per cent service tax will apply only to those cases where service has been rendered on or after 24th February 2009. In all cases where service has been provided/rendered prior to 24th February 2009 ; the service tax rate of 12.36 per cent will apply. )
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