Service Tax Rate Applicability

This query is : Resolved

Raju Rakhama Jaid (Querist)
Follow

24 March 2009 Notification No. 8/2009 ST. This is wih reference to Rate of Service Tax applicable w.e.f 24-02-2009. One of the vendor has raised the bill for AMC for the month of Feb 09. He raised the bill at the end of Feb with bill dt. 28-02-2009 in that he charged Serice tax @ 12.36. He states that the service was for the full month. Pls guide me whether his chargeability was justify. Whether bill date does not make any differrence? He also state that can he charge service tax @ 12.36% upto 24-02-2009 & 10.30& thereafter till Feb 09 in one single bill. Pls guide.

In addition to above pls explain the taxable envent in service tax. Whether it can be at the time of rendering service/s or date of raising the invoice for considereation.

Pls guide.

C.A.Javid Patel

C.A.Javid Patel (Expert)
Follow

24 March 2009 Whatever he has stated is correct about up to 24.02.2009 12.36% and thereafter 10.30% in single bill.
and taxable event in case niether at the time of rendering service not at the time of raising the invoice it is at the time of receiving the payment.