22 December 2010
Rate of service tax in case of price revision due to escalation. What will be applicable rate when services were provided in 2007 but price revision took place in 2010 the rate charged by auditee is 10.3 %, SHOULDN’T IT be 12.36% rate of 2007? The services were provided during the contract Please clarify, (please mention section no. or notification no. if possible)
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