Point of taxation rule & reverse charge mechanisam
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
11 July 2012
Dear Sir
Ours is a law firm giving legal consultancy services I want to know in following 2 independent conditions who is liable to pay service tax.
1) date of completion of service 15th January 2012 & bill raised after 01.07.2012 ie date after which service receiver is liable to pay service tax.
2)date of completion of service June 28, 2012 & bill raised after 01.07.2012 ie date after which service receiver is liable to pay service tax.
Please answer this question in the light of point of taxation & reverse charge mechanisam
Ours is a law firm giving legal consultancy services I want to know in following 2 independent conditions who is liable to pay service tax.
1) date of completion of service 15th January 2012 & bill raised after 01.07.2012 ie date after which service receiver is liable to pay service tax.
2)date of completion of service June 28, 2012 & bill raised after 01.07.2012 ie date after which service receiver is liable to pay service tax.
Please answer this question in the light of point of taxation & reverse charge mechanisam
12 July 2012
For any service whose point of taxation has been determined and whole liability affixed before 1.7.2012 the new provisions will not apply. Merely because payments are being made after 1.7.2012 will not add any additional liability on the service receiver in respect of such services.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- ITR 2 Short Term gain & Long term gain
- Off Market debit and credit transaction
- Reporting Income under Section 44ADA
- Itr 1 processing
- Building and other construction workers welfare cess act 1996
- ITR returnFY25-26
- ITR validation error - Balance sheet is not filled
- INCOME TAX ON REDEVELOPEMENT OF FLAT
- Bank Accounts in Balance Sheet for ITR 3
- Short Term Capital gain on shares bought and sold after 2018 onwards
- Form 10BD Filling
- Opting out" of regime provided under subsection (1A) of Section 115BAC but Form 10IEA is not filed.
- Difference in tax comparison report
- Gst invoice numbering and delivery challan numbering
- Sales amount in Gstr1
- E Commerce GSTR1 & 3B how to file
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
- Form10BD was uploaded successfully without any Error but after 24 hours, Form10BE are not available
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
