hi
What is the point of taxation for service recepient in case of GTA service
Service tax payable in the month of Bill
OR
In the month of payment of Bill
Vikas
(CA)
(1135 Points)
Replied 13 March 2013
PAYMENT BASIS
As per Rule 7 of the Point of Taxation Rules, 2011, the payment of Service Tax is required to be made on payment basis; provided the payment is made within 6 months from the date of invoice.
Manoj Agarwal
(Service Tax Consultant Rourkela ServiceTaxExpert@yahoo.com)
(3456 Points)
Replied 13 March 2013
The reply given by Vikas Ji is correct.
GSTR 9 and 9C for FY 23-24 as amended by Notification 12/2024 dated 10th July 2024(with recording)
CAclubindia
