SERVICE TAX ON MEDICAL SERVICES IS EXEMPT FROM 0105.2011 WHAT IS THE PROVISION FOR THE INVOICE RAISED BEFORE 30.04.2011 AND RECEIVED AFTER 01.05.2011. WHETHER SERVICE TAX IS PAYABLE ON THE RECEPT
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Service provided taxable when received is exempt
Replies (2)
Seems to be a debatable matter . I feel that liability arises because service has been provided and invoice has been raised prior to 01-05-2011. Hence as per new point of taxation rule taxable evet occurred.
when the servikce tax on medical services got disc ountinued, the service provider had to issue credit notes for st charged on overdue bills, in absence st so collected should be deposited to department.
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