Date of payment under reverse charge

[yateen vyas]

Sir,

Under reverse charge Point of taxation will be "date of payment" .Now my question is that which date of payment is this ? ,

(1) date of payment to service provider by service receiver or

(2) date of payment to govt by service receiver under challan.

Specially in case of rate of service tax is changed.

Thanks in advance.

AI Summary

Point of taxation under reverse charge: payment by service receiver to provider determines tax point, with exceptions.
Point of taxation under reverse charge is the date of payment by the service receiver to the provider; if payment is not made within three months of the invoice the point of taxation is the day after that period. For associated enterprises with providers outside India the point is the earlier of the debit in the recipient's books or the payment date. The rate and value applicable are those in force when the service is provided or agreed to be provided.