Query on payment of service tax (p.o.t)

635 views 4 replies

can invoice be issued before receipt of payment and completion of service and point of taxation will be date of issue of invoice ? plz helpindecision

Replies (4)

yes you can issue

okay but issue of invoice will be under rule 3 of point of taxation or like a Note in Rule 3 and it does not affect the Rule 4A as conditions for issuing the invoice are completion of service of receipt of payment whichever is earlier

Originally posted by : tarun

okay but issue of invoice will be under rule 3 of point of taxation or like a Note in Rule 3 and it does not affect the Rule 4A as conditions for issuing the invoice are completion of service of receipt of payment whichever is earlier

ST to be paid at the time of Invoice or advance WIL.  If you raised the invoice before completion of service, it is deemed that service has been completed and ST liability would be attracted.

thanks u Sir  my confusion is almost clear nw bt one thing i wnt to knw we should mention it as an assumption if a question comes in an examination or it comes under some rule of point of taxation.

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
01 June 2026
Audit, Taxation & Compliance Executive

R P S K & Associates

Nashik

CA Inter

View Details
Company
19 June 2026
Accounts Executive

Getfive Advisors Pvt. Ltd.

Ahmedabad

CA Inter

View Details
Company
24 June 2026
Chartered Accountant - GST & Direct Tax

APL

Mumbai

CA

View Details
Company
24 June 2026
Chartered Accountant

CA Darshita Shah & Co

Nadiad

CA

View Details
Company
24 June 2026
Senior Account (VA Client Operations)

Karbon Business

Bengaluru

CA Inter

View Details
Company
ARTICLESHIP 04 June 2026
Article

Rakhecha & Co.

New Delhi

CA Inter

View Details
Company
ARTICLESHIP 24 June 2026
CA Article Trainee

Rahul Dang & Associates

Pune

CA Inter

View Details
Company
22 June 2026
Finance Manager- Chartered Accountant

Triveni Turbine Limited

Bengaluru

CA

View Details