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Service tax amendments

IPCC 1291 views 4 replies

are amendments after 1st April,2011 applicable in Nov IPCE?my tutor said they are not.in RTP some are there while others arent.like in VK Singhania book it is written that afer April 2011 Service Tax will be on reciept or invoice basis instead of receipt basis.are these applicable?

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Originally posted by : Sourabh

are amendments after 1st April,2011 applicable in Nov IPCE?my tutor said they are not.in RTP some are there while others arent.like in VK Singhania book it is written that afer April 2011 Service Tax will be on reciept or invoice basis instead of receipt basis.are these applicable?

Students may note that the Examination Committee of the ICAI has decided that Point of Taxation (POT) Rules, 2011 would not be applicable in Part-II Service Tax and VAT of Paper 5: Taxation (PCC) and Paper 4: Taxation (IPCC) for November 2011 examinations.
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Consequently, the ensuing amendments made in the Service Tax Rules, 1994 would also not be applicable for November 2011 examinations.
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All the amendments made by significant notifications/circulars issued from 01.05.2010 to 30.04.2011 which are relevant for November 2011 examinations have been given as an Appendix to the Revision Test Paper (RTP) of the said examination. The RTP has also been hosted on the BOS Knowledge Portal of the Institute’s website.

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Non-Applicability of POT Rules (File Attached Below)
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Download RTP: https://www.icai.org/post.html?post_id=5016

^ I know about POT rules there r other amendments after April 2011 that are not given in RTP.like penalties

bt these amndmnts r applicable in may12 attempt nt in nov. 11

^ but these r given in VK Singhania book for Nov 2011 IPCE????????


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