Respected Sir & Colleagues
I hv came across one problem plz do the need to solve it, my problem is here under
If suppose any service provider renders his services in m/o feb & march 06, but he raised bill to his client in may06.
My Quirey is at what rate he will charge service tax?
At the rate of 10 percent- rate at the time when service was provided.
OR
At the rate of 12 percent- rate at the time of raising bill.
Plz provide your opinion based on relevant section of the Act.
Thanks & Regards
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Tax at what rate
Replies (2)
rate of tax to be applied is at the rate at the time service is provided. Therefore, @ 10.2%.
Here you have violated the rules. The bill should be raised within 14 days from rendering service. Raising bill after 14 days may attract penalty of 1000.
Here you have violated the rules. The bill should be raised within 14 days from rendering service. Raising bill after 14 days may attract penalty of 1000.
Mr. Tony Thanx for providing ur opinion on said matter.
Sir plz quote specific section or notification (if any) in support of your reply
PLZ Reply soon
Sir plz quote specific section or notification (if any) in support of your reply
PLZ Reply soon
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