SUPRIYA
(PRACTICE)
(853 Points)
Replied 01 July 2017
As supply of service and issue of invoice both event occured prior to 1st July, Service tax shall be applicable.
Assumption Mercentile basis of accounting followed where service receipts are accounted on issue of invoice.
dilshad
(articled assistant)
(31 Points)
Replied 02 July 2017
CAclubindia
