https://www.taxtmi.com/article/detailed?id=303 Notification No. 8/2009 ST exempts so much of service tax leviable under the Finance Act as exceeds ten percent of the value of taxable services, effective from the notification date; the exemption applies to services rendered on or after that date and to advances received for future taxable services. The notification creates an administrative reduction in tax incidence without amending the statutory charging section, and billing after the notification does not alter tax applicability where the service was rendered before the effective date. Suppliers and recipients must apply the exemption consistently and maintain proper invoices for input credit and compliance. en-us Thu, 05 Mar 2009 00:00:00 +0530 Thu, 05 Mar 2009 16:32:26 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=303 Notification No. 8/2009 ST exempts so much of service tax leviable under the Finance Act as exceeds ten percent of the value of taxable services, effective from the notification date; the exemption applies to services rendered on or after that date and to advances received for future taxable services. The notification creates an administrative reduction in tax incidence without amending the statutory charging section, and billing after the notification does not alter tax applicability where the service was rendered before the effective date. Suppliers and recipients must apply the exemption consistently and maintain proper invoices for input credit and compliance. Articles Service Tax Thu, 05 Mar 2009 00:00:00 +0530 https://www.taxtmi.com/article/detailed?id=303