https://www.taxtmi.com/article/detailed?id=1173 Service tax becomes payable at the earliest of three events: when the service is provided or to be provided, when an invoice is issued, or when payment (including advances) is received; if invoice or payment precedes provision, the earlier of invoice or payment fixes the point of taxation. Special sequencing rules govern changes in tax rate, continuous supplies are treated period-by-period with contractual payment dates controlling, and associated enterprises and intellectual property receipts use the earliest of invoice, payment, or accounting entry to determine liability. en-us Wed, 02 Mar 2011 21:51:47 +0530 Thu, 03 Mar 2011 10:15:06 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=1173 Service tax becomes payable at the earliest of three events: when the service is provided or to be provided, when an invoice is issued, or when payment (including advances) is received; if invoice or payment precedes provision, the earlier of invoice or payment fixes the point of taxation. Special sequencing rules govern changes in tax rate, continuous supplies are treated period-by-period with contractual payment dates controlling, and associated enterprises and intellectual property receipts use the earliest of invoice, payment, or accounting entry to determine liability. Articles Service Tax Wed, 02 Mar 2011 21:51:47 +0530 https://www.taxtmi.com/article/detailed?id=1173