Rcm - advocate fees
Mansi ( ) (130 Points)
08 March 2016Mansi ( ) (130 Points)
08 March 2016
Rinky Senger
(_)
(205 Points)
Replied 08 March 2016
Point of taxation for Service receiver under reverse charge is date on which the payment is made to service provider.
The condition is that service receiver should pay within 6 months from issuance of invoice.
Anjana Hareendran
(Student CA Final Article )
(54 Points)
Replied 08 March 2016
Dear Rinki,
Point of Taxation You Pointed Out is Correct But the Condition Stated is Changed w.e.f.1-10-2014 it is 3 Months from date of Invoice
Rinky Senger
(_)
(205 Points)
Replied 09 March 2016
Yes, Anjana. You are right! Thnx for correcting and updating.
Its the payment date or the first day that occurs immediately after a period of three months from the date of invoice, whichever is earlier.