DEAR SIR,
WETHER SBC WAS APPLICABLE IN CASES WHERE SERVICE PROVIDED BEFORE 15.11.2015.
WE HAVE COLLECTED & DEPOSITED SBC IN CASES WHERE SERVICES WAS PROVIDED BEFORE 15.11.2015 AND INVOICE IS ISSUED AFTER 29.11.2015. WHETHER WE WENT WRONG ??
IS THERE ANY REMEDY FOR REVISING THE SITUATION ??
Swachh Bharat Cess Applies to Services Invoiced After Nov 29, 2015, Per Rule 5(b) of Taxation Rules 2011 A user inquired about the applicability of Swachh Bharat Cess (SBC) on services provided before November 15, 2015, but invoiced after November 29, 2015. Several experts clarified that SBC is applicable since the invoice was issued after the specified date, adhering to Rule 5(b) of the Point of Taxation Rules, 2011. The user also questioned whether the service tax rate of 14.5% applies if services were provided before June 1, 2015, when the rate was 12.36%. Experts confirmed that SBC was correctly applied, and the applicable rate would depend on the timing of service provision and payment receipt. (AI Summary)
TaxTMI 
TaxTMI 
