https://www.taxtmi.com/article/detailed?id=1653 Amendments to Service Tax Rules, 1994 expand "partnership firm" to include LLPs; extend invoicing periods; provide a small de minimis exception for excess receipts under POT rules with POT remaining the original invoice date; clarify export payment timing and effect of non receipt of foreign exchange within RBI time limits on point of taxation; broaden receipt basis option for individuals and partnership firms subject to a turnover/value cap; revise composition rates for life insurance, money changing and lottery agents; and permit adjustment of excess tax paid without limit or prior intimation. en-us Mon, 19 Mar 2012 12:23:55 +0530 Mon, 19 Mar 2012 12:23:55 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=1653 Amendments to Service Tax Rules, 1994 expand "partnership firm" to include LLPs; extend invoicing periods; provide a small de minimis exception for excess receipts under POT rules with POT remaining the original invoice date; clarify export payment timing and effect of non receipt of foreign exchange within RBI time limits on point of taxation; broaden receipt basis option for individuals and partnership firms subject to a turnover/value cap; revise composition rates for life insurance, money changing and lottery agents; and permit adjustment of excess tax paid without limit or prior intimation. Articles Service Tax Mon, 19 Mar 2012 12:23:55 +0530 https://www.taxtmi.com/article/detailed?id=1653