https://www.taxtmi.com/notifications?id=23514 Amendments to the Point of Taxation Rules, 2011 define the point of taxation as the time of invoicing or, if no invoice is issued within fourteen days of completion, the date of completion; payments or advances received before invoicing fix the point of taxation on receipt. Continuous supply rules mirror this approach, with contractual events deemed completion dates. The phrase "change in effective rate of tax" replaces prior terminology and includes changes in the taxable portion of value. Specified services and persons have payment-based tax points subject to stated exceptions and transitional provisions exclude completed services and pre-existing invoices. en-us Thu, 31 Mar 2011 00:00:00 +0530 Thu, 12 Jan 2012 10:19:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=23514 Amendments to the Point of Taxation Rules, 2011 define the point of taxation as the time of invoicing or, if no invoice is issued within fourteen days of completion, the date of completion; payments or advances received before invoicing fix the point of taxation on receipt. Continuous supply rules mirror this approach, with contractual events deemed completion dates. The phrase "change in effective rate of tax" replaces prior terminology and includes changes in the taxable portion of value. Specified services and persons have payment-based tax points subject to stated exceptions and transitional provisions exclude completed services and pre-existing invoices. Notifications Service Tax Thu, 31 Mar 2011 00:00:00 +0530 https://www.taxtmi.com/notifications?id=23514