Amends Service tax rules, 2002 w.e.f. 16-06-2005 - 023/05 - Service Tax

Place of taxation for cross-border services clarified: Indian recipient treated as liable; invoicing and excess-payment adjustments specified.

The amendment treats the Indian recipient of a service from a non resident service provider (with no office in India) as the relevant person for service tax; it replaces 'established by or under' with 'formed or registered under'; requires issuance of an invoice, bill or challan within fourteen days after the end of the relevant period where payment for a continuously provided taxable service is not received; and allows adjustment of excess tax paid against subsequent liability with intimation to the jurisdictional Superintendent within fifteen days.