Service tax liability of payment on 5th july

Service Tax to be paid on 5th July for the month of June. Kindly tell whether this will be on receipt basis ( as per earlier provisions) or invoice raised basis (as per provision applicable from 1st July).

Also are there any exemptions under this.

Replies (3)

Raising of bill is the point of taxation except in the case of CA, CS, Consulting Eng. Architects., .

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