Service Tax now payable on Billing basis wef-01-07-2011

| Last updated: 29 June 2011

There has been a major change in Service tax rules for point of taxation, earlier ST was payable on payment basis now the same has been changed to billing basis from 1.07.2011onward the notice states as follows( notice no- 25/2011 dated: 31st March,20011) :- Point of Taxationshall be
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