Defer Service Tax Collection on accrual basis
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
25 March 2011
Is news of defer of service Tax collection on accrual basis by 3 months is correct? If so, then under what notification it was defered. Please inform me the status.
25 March 2011
No news as yet
25 March 2011
The Finance Bill, 2011 was introduced by the Finance Minister in the Lok Sabha. The FM has proposed certain amendments to the Bill in the Lok Sabha viz.,
Point of Taxation
Rules,2011 were to be effective from 1 April 2011, however in view of certain changes in the relevant provisions, an additional period of three months upto 30 June 2011 is being provided to make the transition.
Point of Taxation
Rules,2011 were to be effective from 1 April 2011, however in view of certain changes in the relevant provisions, an additional period of three months upto 30 June 2011 is being provided to make the transition.
Message likes :
2 times
25 March 2011
thanks for the update
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