Cash basis or accrual basis

This query is : Resolved 

11 July 2011 Pls help me, is service tax calculation based on cash basis or accrual basis? i recently see the amendment, it notify accrual basis so pls give correct answer or appropriate like address. i hope ur answer soon.

11 July 2011 Accrual basis w.e.f 01/07/2011. For full details pl see 'Point of Taxation Rules,2011'.


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