By Notification no. 3/2011, dated 1st march 2011
service tax applicable on the transactions provided from 1st April 2011 on DEEMED TO BE PROVIDED BASIS.
That means on DUE BASIS as soon as bill rised.
My query is " if we provide any service in the previous year 2010-11, then we have to pay the service tax on that transaction on
receipt basis or.......
Please clarify me.........
Thanks