https://www.taxtmi.com/acts?id=16095 The date of payment is the earlier of the date the payment is entered in the payer's books of account or the date it is credited to the payer's bank account; however, when there is a change in the effective rate of tax or a service is taxed for the first time between such book entry and bank credit, and the credit in the bank account is after the specified short delay measured in working days, and the payment is made by an instrument credited to a bank account, the date of payment shall be the date of bank credit. If another rule requires determination of time or date of payment received, "date of payment" shall mean the date the payment is received. en-us Sat, 17 Mar 2012 17:12:42 +0530 Mon, 19 Mar 2012 09:04:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=16095 The date of payment is the earlier of the date the payment is entered in the payer's books of account or the date it is credited to the payer's bank account; however, when there is a change in the effective rate of tax or a service is taxed for the first time between such book entry and bank credit, and the credit in the bank account is after the specified short delay measured in working days, and the payment is made by an instrument credited to a bank account, the date of payment shall be the date of bank credit. If another rule requires determination of time or date of payment received, "date of payment" shall mean the date the payment is received. Act-Rules Service Tax Sat, 17 Mar 2012 17:12:42 +0530 https://www.taxtmi.com/acts?id=16095