Point of taxation in the case of 100% rcm
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
21 November 2014
point of taxation in the case or RCM in advance payment.by service receiver for advocate firm.
22 November 2014
As per Rule 7 of the Point of Taxation Rules, 2011 point of taxation in case of reverse charge is the date of payment.
So in this case the point of taxation will be date on which advance is paid to the advocate firm.
So in this case the point of taxation will be date on which advance is paid to the advocate firm.
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