https://www.taxtmi.com/article/detailed?id=1964 Point of taxation for services newly taxed: tax is not payable to the extent an invoice has been issued and payment received before the service became taxable, and no tax is payable where payment was received before the service became taxable and an invoice is issued within fourteen days after the service is taxed for the first time. For continuous supplies, each billing period and contractual payment dates determine the point of taxation; where payment or invoice precedes service date, the earlier governs. Under reverse charge, invoice receipt or payment date is the point of taxation; advances are taxable on receipt. en-us Fri, 07 Dec 2012 09:45:28 +0530 Fri, 07 Dec 2012 09:45:28 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=1964 Point of taxation for services newly taxed: tax is not payable to the extent an invoice has been issued and payment received before the service became taxable, and no tax is payable where payment was received before the service became taxable and an invoice is issued within fourteen days after the service is taxed for the first time. For continuous supplies, each billing period and contractual payment dates determine the point of taxation; where payment or invoice precedes service date, the earlier governs. Under reverse charge, invoice receipt or payment date is the point of taxation; advances are taxable on receipt. Articles Service Tax Fri, 07 Dec 2012 09:45:28 +0530 https://www.taxtmi.com/article/detailed?id=1964