https://www.taxtmi.com/circulars?id=11722 If invoice issuance or payment for continuous supplies occurred before the rule change, point of taxation remains under the prior continuous-supply rule; on transition the continuous-supply special timing was omitted and the general rule applies, but a change in effective rate of tax-including changes in the taxable portion of value or conversion from composition to actual-value payment-triggers the special change-in-rate rule and alters the point of taxation. For works contracts in progress, point of taxation is determined under the change-in-rate rule where effective rate changed; otherwise the ordinary rule applies. Partial reverse charge applies where point of taxation is on or after transition. en-us Fri, 06 Jul 2012 00:00:00 +0530 Fri, 06 Jul 2012 18:50:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=11722 If invoice issuance or payment for continuous supplies occurred before the rule change, point of taxation remains under the prior continuous-supply rule; on transition the continuous-supply special timing was omitted and the general rule applies, but a change in effective rate of tax-including changes in the taxable portion of value or conversion from composition to actual-value payment-triggers the special change-in-rate rule and alters the point of taxation. For works contracts in progress, point of taxation is determined under the change-in-rate rule where effective rate changed; otherwise the ordinary rule applies. Partial reverse charge applies where point of taxation is on or after transition. Circulars Service Tax Fri, 06 Jul 2012 00:00:00 +0530 https://www.taxtmi.com/circulars?id=11722