Friends
Rule 6 of Service Tax Rules 1994 as amended from time to time deal with payment of service tax. The 3rd proviso to Rule 6(1) says -- (this is effective April 1, 2012)
"Provided also that in case of taxable services covered under rule 3(1) of Export of Srvices Rules 2005 this sub rule shall not apply subject to the condition that the payment is received within the period specified by the RBI, including such extended period as may be allowed from time to time".
Can any body explain the meaning of this 3rd proviso to Rule 6(1) please.
Regards,
CAclubindia
