13 August 2013
sir, As we are Co. and paying freight to transporter on which we are liable for service tax i have a doubt that which date we take for service tax purpose ... Date of CN, Date of Bill which transporter raise on us, or Date of invoice??
15 August 2013
The point of tax is to be determined as under :-
Determination of point of taxation.- For the purposes of these rules, unless otherwise provided, ‘point of taxation’ shall be,- (a) the time when the invoice for the service provided or agreed to be provided is issued. Provided that where the invoice is not issued within the time period specified in rule 4A of the Service Tax Rules, 1994, the point of taxation shall be date of such completion of provision of the service. (b) in a case, where the person providing the service, receives a payment before the time specified in clause (a), the time, when he receives such payment, to the extent of such payment.
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