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Applicability

This query is : Resolved 
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(Querist)
29 August 2009 Can anyone tell me that service tax is applicable when it is passed in the financebill where as income tax is applicable from the next year
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CA. Anoop Gadia

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CA. Anoop Gadia (Expert)
30 August 2009 yes
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Dhruvesh Shah

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Dhruvesh Shah (Querist)
31 August 2009 I didnt got satisfactory answer
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KRISHNA KUMAR R C

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KRISHNA KUMAR R C (Expert)
02 September 2009 Service tax is applicable from the day when the President of India gives consent to the Finance Bill and the same has been published in the official gazzette also central excise department will issue the chargebility notification which clearly indicates from which date the service is taxable.
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