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    <title>Important Caution for Professional like CA/CMA (8 category) - Rate of Tax on old invoice raised upto 31st March 2012 to revised to 12% , hence issue supplementary invoices</title>
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    <description>Point of taxation for eight specified services and reverse charge cases is the date of payment under Rule 7; the department clarified that the service tax rate in force on the date the point of taxation occurs applies, so payments received after a rate change attract the new rate. Supplementary invoices may be issued to recover the differential, and CENVAT credit can be taken on the basis of such supplementary invoices and tax payment challans.</description>
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    <pubDate>Sat, 12 May 2012 06:59:16 +0530</pubDate>
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      <title>Important Caution for Professional like CA/CMA (8 category) - Rate of Tax on old invoice raised upto 31st March 2012 to revised to 12% , hence issue supplementary invoices</title>
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      <description>Point of taxation for eight specified services and reverse charge cases is the date of payment under Rule 7; the department clarified that the service tax rate in force on the date the point of taxation occurs applies, so payments received after a rate change attract the new rate. Supplementary invoices may be issued to recover the differential, and CENVAT credit can be taken on the basis of such supplementary invoices and tax payment challans.</description>
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      <pubDate>Sat, 12 May 2012 06:59:16 +0530</pubDate>
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