Rate of Service Tax


This query is : Resolved 

(Querist)
28 February 2009 May Please clarify, whether rate of Service Tax is applicable on the date of amount paid for services rended or the date when services are executed.
For example if services are exceuted before 24th feb,2009 and payment made on 28 th Feb,2009.Rate for payment of Service Tax is 10% or 12%?

28 February 2009 Service tax is to be charged at the prevailing rate on the date of rendering service on the amount received against that service.


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