Holi Offer: 10% OFF on CAclubindia Pro. Subscribe Now! Use Code: HOLIPRO10

Before POT service tax collected in GST Regime

211 views 4 replies

sukesh

Chartered Accountant

30 Points Joined April 2009

What should be the treatment for amount collected against service rendered before Point of Taxation Rules under Service Tax Regime?

Should I pay Service Tax or GST?

Please reply with reference to provisions of GST.

Thanks in Advance

Replies (4)

sujith kumar dasa

banglore

1496 Points Joined June 2012

Under Service Tax, as the payable arised during Service tax regime

sukesh

Chartered Accountant

30 Points Joined April 2009

before point of taxation rules were introduced under finance act, service tax was payable on receipt basis. I have realised the amount in post GST regime. should i pay service tax or gst?

sujith kumar dasa

banglore

1496 Points Joined June 2012

(11) (a) notwithstanding anything contained in section 12, no tax shall be payable on goods under this Act to the extent the tax was leviable on the said goods under the Value Added Tax Act of the State;
(b) notwithstanding anything contained in section 13, no tax shall be payable on services under this Act to the extent the tax was leviable on the said services under Chapter V of the Finance Act, 1994;