INTERNAL AUDITOR
57 Points
Joined September 2013
Accoring to Point of Taxation Rules, If the Provision of Service was completed on or before 1-4-15, then 75% rcm would be applicable.
and if the provision of service was completed after 1-4-15, then 100% rcm would be applicable.
Suppose for example, your
Date of provision Date of Invoice Date of Payment RCM
1-3-15 28-3-15 2-4-15 75%
4-4-15 28-3-15 2-4-15 100%
hope your doubt is clear now.