Point of taxation
This query is : Resolved
Neha Gupta
(Querist)
25 July 2013
I am a service provider and provided services during April to June'12 when such particular service was exempt. It became taxable w.e.f. 01-07-12. Invoice for the same was raised during the month of Sept'12.
What should be the invoice amount raised for the period April to June'12?
Is it inclusive or exclusive of service tax?
What should be the invoice amount raised for the period April to June'12?
Is it inclusive or exclusive of service tax?
Madhukar N Hiregange
(Expert)
28 July 2013
If the service was rendered prior to taxability in my view there is not liability. Delhi High Court decision in case of Delhi CA society confirms this.
Also you are eligible for 10 lakhs exemption in year 1 if not a branded service.
Also you are eligible for 10 lakhs exemption in year 1 if not a branded service.
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