TaxTMI 
TaxTMI 
When a sevice is considered as Provided or Agreed to be Provided?
Service Consideration
23 Aug 2012 
1 Reply 
1065 Views Asked by
Service Provided vs Agreed To Be Provided: distinction based on actual delivery and advance-payment-based agreements.
Service Provided is characterized by actual delivery of the service to the recipient in exchange for consideration, evidenced by issuance of an invoice after rendering. Service Agreed To Be Provided denotes intent or contractual obligation to deliver services in the future, often based on an agreement or MOU and accompanied by advance payment, reflecting commitment rather than completed performance. (AI Summary)
Service Provided is characterized by actual delivery of the service to the recipient in exchange for consideration, evidenced by issuance of an invoice after rendering. Service Agreed To Be Provided denotes intent or contractual obligation to deliver services in the future, often based on an agreement or MOU and accompanied by advance payment, reflecting commitment rather than completed performance. (AI Summary)