Service tax on due basis or payment basis

sachin (accounts officer) (24 Points)

04 April 2012  

Hi!

Please tell me if invoice dated on 04.04.12 and it is charges service tax @ 12.36%, but the descripttion of invoice says that transaction pertains to the period of March 2012. So the invoice has rightly charged service tax @ 12.36% or it should be charged at 10.3%

Thanks & Warm Regards