applicable rate
This query is : Resolved
Guest
Guest
(Querist)
10 April 2009
Hello everyone
My query is regarding applicable rate of service tax.Suppose advance payment for a service is received in january 2009 at 12% and the same is paid to goverment.service is yet to be rendered in march 2009.What should be applicable rate?10% or 12%
As per my opinion and case of reliance industries ltd-2008 it should be 10
% as the point of levy is at time of rendering of services.please help.
My query is regarding applicable rate of service tax.Suppose advance payment for a service is received in january 2009 at 12% and the same is paid to goverment.service is yet to be rendered in march 2009.What should be applicable rate?10% or 12%
As per my opinion and case of reliance industries ltd-2008 it should be 10
% as the point of levy is at time of rendering of services.please help.
10 April 2009
ur view point is absolutely correct. rate will be 10%
Guest
Guest
(Querist)
18 April 2009
thank you sir for your opinion.
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