Service Tax changes with the of 1.07.2011

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Navisha (Querist)
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18 July 2011 Dear Expert,
Any Changes in Service Tax Payment procedure, Tax Payment Consider after Reciving the Recipt Amt, As per my news now it will be paid on Bill Date

Bhaskaran Chackrapani Warrier

Bhaskaran Chackrapani Warrier (Expert)
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18 July 2011 The services provided by professionals will continue to be taxed on receipt basis even after 1-7-2011. In this regard, following services provided by individuals or proprietary firms or partnership firms has been covered
Architect’s service;
Chartered accountant’s service;
Cost accountant’s service;
Interior decorator service;
Company secretary’s service;
Scientific or technical consultancy service; and
Legal services.
Consulting Engineer
For the services not covered above,ST on receipt basis is being done away with effect from 1/7/2011. for the details of taxing provisions pl see 'Point of taxation Rules,2011' in www.servicetax.gov.in

Navisha

Navisha (Querist)
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18 July 2011 ok, Thank you very much Sir.

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