TaxTMI 
TaxTMI 
Applicable rate as per finance bill
14 Jun 2006 
1 Reply 
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Service tax rate determination depends on the date of provision of service; bill date usually controls, subject to proof.
The applicable service tax rate is the rate in force on the date the service was provided; for service receivers the bill date is ordinarily treated as the date of provision, but documentary proof of earlier provision will establish the earlier rate. This rule applies equally to goods transport agency services rendered before a rate change with payment made afterward. No specific circular was provided; reliance is on the statutory provision defining taxable services. (AI Summary)
The applicable service tax rate is the rate in force on the date the service was provided; for service receivers the bill date is ordinarily treated as the date of provision, but documentary proof of earlier provision will establish the earlier rate. This rule applies equally to goods transport agency services rendered before a rate change with payment made afterward. No specific circular was provided; reliance is on the statutory provision defining taxable services. (AI Summary)
Service render prior enactment of finance bills and payment received after enactment of finance bills. my query : which is the apppicable rate of service tax, is it 10.2% or 12.24%? My another query is we are fall under GTA service, we are not a serive provider and same as above, that service render prior and payments made after anactments of finance bills which applicable rate of service tax? is it 10.2% or 12.24%?. Pls. provide any circular/notifiaction/rules.