https://www.taxtmi.com/circulars?id=91 When advance amounts are received for services rendered after those services become taxable, the service provider must pay tax on the portion of the value attributable to the taxable period; advance receipts are taxable only to the extent they have a nexus with services provided post commencement and should be allocated pro rata to the relevant month/quarter. A limited prior clarification exempted maintenance contracts invoiced and paid before the tax commencement date, but no general exemption for advance payments of other services exists. en-us Wed, 05 Nov 2003 00:00:00 +0530 Fri, 29 Aug 2008 13:09:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=91 When advance amounts are received for services rendered after those services become taxable, the service provider must pay tax on the portion of the value attributable to the taxable period; advance receipts are taxable only to the extent they have a nexus with services provided post commencement and should be allocated pro rata to the relevant month/quarter. A limited prior clarification exempted maintenance contracts invoiced and paid before the tax commencement date, but no general exemption for advance payments of other services exists. Circulars Service Tax Wed, 05 Nov 2003 00:00:00 +0530 https://www.taxtmi.com/circulars?id=91