https://www.taxtmi.com/article/detailed?id=2022 The Point of Taxation framework fixes the tax point at the invoice date under Rule 4(a)(ii) when a service and its invoice predate a change in the effective rate, so services rendered and invoiced before the rate increase remain taxable at the earlier rate even if payment is received later; Board circulars treating payment date as decisive for certain services are inconsistent with the Finance Act and the POT Rules and cannot govern tax liability. en-us Tue, 05 Feb 2013 11:46:34 +0530 Tue, 05 Feb 2013 11:46:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=2022 The Point of Taxation framework fixes the tax point at the invoice date under Rule 4(a)(ii) when a service and its invoice predate a change in the effective rate, so services rendered and invoiced before the rate increase remain taxable at the earlier rate even if payment is received later; Board circulars treating payment date as decisive for certain services are inconsistent with the Finance Act and the POT Rules and cannot govern tax liability. Articles Service Tax Tue, 05 Feb 2013 11:46:34 +0530 https://www.taxtmi.com/article/detailed?id=2022