Jyothis (Article) (1127 Points)
05 July 2016A servicereceiver company ,Service tax under reverse charge is applicable
Invoice date : 05-Apr-16
Date of payment : 05-06-16
Date of deposit of ST under RCM : 05-07-16 @ 14.5%
Please comment the liabilty of company for interest in light of P.O.T amendment rule 7,ST-21/2016
CA Harshal Totla
(Chartered Accountant)
(2229 Points)
Replied 06 July 2016
Jyothis
(Article)
(1127 Points)
Replied 06 July 2016
But as per ST-21/2016, in case of change liability or extent of liability of service receiver
If payment is not made within such date of change POT is Date of invoice.
Please comment on the practical side of ST-21/2016
CAclubindia
