What is point of taxation

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Querist : Anonymous (Querist)
12 April 2016 what is point of taxation under rverse charge mechanisim.

13 April 2016 Dear Sir,
Union Budget 2014-15 has amended the first proviso to rule 7 to provide that point of taxation in respect of reverse charge will be the date of payment or the first day that occurs immediately after a period of three months from the date of invoice, whichever is earlier.



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