Service tax rate as per pot

This query is : Open

Rajiv (Querist)
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16 June 2015
good morning experts,
we received a bill of service receipt as on 25-may-2015 with service tax add 14%.
this bill of PR ACTIVITY CONTRACT FEE ( FROM 25-MAY-2015 TO 24-JUNE-2015). sir my doubt is that in this bill service provider add service tax @ 14%. but SIR AS PER POINT OF TAXTION ( POT) RULE SERVICE PROVIDER SHOULD ADD SERVICE TAX @12.36% PLEASE REPLY THANKS

NAMAN K DOKANIA

NAMAN K DOKANIA (Expert)
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21 June 2015 As per POT, 3 things to be looked upon:-
1. SERVICE PROVIDED
2. PAYMENT RECD
3. INVOICE ISSUED

wherever any two of above falls, that rate will be applicable.

In ur case., pt. 1&2 falls after amendment i.e. @14%.

Hence, bill raised is correct.

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