Can anyone tell me what is the point of taxation in the given case below:
I have a Pvt. Ltd Company which takes Manpower Services from an Individual Concern. They provided the services in the month of November 2014 but raised the bill in June 2015 at the rate of 12.36% service tax on 25% of the amount. The payment is made within one month from the date of bill issue. The date of bill raised is 5th December 2014.
On what value shall I be liable to pay service tax and What is the point of taxation in this case ?
CAclubindia
