Service Tax

Dear All,

This is with reference to the recent notification regarding reduction of Service tax w.e.f 24.02.09,

I have a querry, does this mean if  i am billing any service for the period prior to 24.02.09 even then I can charge the 10.3 or i have to stick to 12.3

Thanks & Regards

 

 

Replies (4)
Trying to define this will create problem. The best way is to charge service tax as applicable on the date of preparation of invoice.

Mr. Rajesh is right. The change rate is effective from the date of notification only. Prior to that use 12.36%  only as service tax rate.

Dear Sir,

What about services provided prior to the date of notification but bill is being prepared after notification,

does it imply that even if I raise bill for the services rendered 2 months back , it should be charged @ 10.30 and not 12.36.

Logically its not acceptable,

Is there any clarification from department regarding the same.

hi i agree with the rajesh.

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