A Service provider has rendered taxable services of Business Auxilliary service from 01.04.2008 to 30.09.2012. Now, he wants to raise supplementary invoice on 28.10.2013 for the period from 01.04.2008 to 30.09.2012, as no service tax has been paid by the service provider.
He wants to know at which service tax rate, he has to raise service invoice now. As there are three type of rate during these period 12.36 percent , (from 24.02.2009 to 31.03.12 rate was 10.3 percent ) & 12.36 percent at the time of rendering service.
Please Clarify service tax rate to be applied in view of POT Rules. Service was rendered before and after POT Rules.
Regards
RAJESH.N
Service Provider Seeks Clarification on Service Tax Rate for Supplementary Invoices Amid Varied Historical Rates A service provider seeks advice on the applicable service tax rate for issuing a supplementary invoice for services rendered between April 1, 2008, and September 30, 2012. During this period, service tax rates varied: 12.36% initially, 10.3% between February 24, 2009, and March 31, 2012, and 12.36% again thereafter. One respondent suggests using the rate applicable on the invoice date, considering the Point of Taxation (POT) Rules, while another notes that POT Rules were not applicable before July 1, 2011, and advises applying rates as they were during the service period. (AI Summary)
TaxTMI 
TaxTMI 
