https://www.taxtmi.com/acts?id=12015 When a service is taxed for the first time, no tax is payable where an invoice was issued and payment received before the service became taxable; likewise, no tax is payable where payment was received before taxation and the invoice was issued promptly thereafter. The rule applies mutatis mutandis to a new levy, and amounts not meeting these timing conditions become subject to the new tax or levy. en-us Tue, 01 Mar 2011 19:25:48 +0530 Wed, 02 Mar 2016 20:04:28 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=12015 When a service is taxed for the first time, no tax is payable where an invoice was issued and payment received before the service became taxable; likewise, no tax is payable where payment was received before taxation and the invoice was issued promptly thereafter. The rule applies mutatis mutandis to a new levy, and amounts not meeting these timing conditions become subject to the new tax or levy. Act-Rules Service Tax Tue, 01 Mar 2011 19:25:48 +0530 https://www.taxtmi.com/acts?id=12015