SBC tax applicability

[yateen vyas]

Sir,

If a service is completed before 15/11/205 and invoice is also made before 15/11/2015 but payment is made after 15/11/2015 in that case SBC will be applicable or not.

Rgds

Yateen vyas

AI Summary

Swachh Bharat Cess Not Applicable for Services Completed and Invoiced Before November 15, 2015, Even if Paid Later. A user inquired whether Swachh Bharat Cess (SBC) applies if a service was completed and invoiced before November 15, 2015, but paid after that date. The consensus among respondents was that SBC is not applicable in this scenario. They clarified that SBC applies only if the service is provided, invoiced, and paid on or after November 15, 2015, except under the reverse charge mechanism. Since the service and invoice were completed before this date, no SBC liability arises. The user expressed gratitude for the clear explanations provided by the forum experts.