https://www.taxtmi.com/article/detailed?id=2093 Where a service provider is located in a non-taxable territory and the service is received in a taxable territory, the recipient is liable under reverse charge to pay service tax; the point of taxation is generally the date of payment by the recipient, subject to a six month invoice payment rule, and for associated enterprises the point is the earlier of booking the credit in the recipient's books or payment. Valuation and exchange rate issues reference the statutory provision on determination of value, rate of tax and rate of exchange. en-us Thu, 28 Mar 2013 12:07:11 +0530 Fri, 29 Mar 2013 09:52:17 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=2093 Where a service provider is located in a non-taxable territory and the service is received in a taxable territory, the recipient is liable under reverse charge to pay service tax; the point of taxation is generally the date of payment by the recipient, subject to a six month invoice payment rule, and for associated enterprises the point is the earlier of booking the credit in the recipient's books or payment. Valuation and exchange rate issues reference the statutory provision on determination of value, rate of tax and rate of exchange. Articles Service Tax Thu, 28 Mar 2013 12:07:11 +0530 https://www.taxtmi.com/article/detailed?id=2093