https://www.taxtmi.com/news?id=551 The dispute concerned whether an enhanced service tax rate applies to receipts collected after a rate increase under hire purchase agreements entered earlier. The tribunal applied the administrative principle in the CBEC circular that the Time of Taxation is the provision of the service, not later receipts, and therefore declined to apply the higher rate to collections attributable to services provided before the increase. en-us Tue, 26 Aug 2008 22:32:41 +0530 Fri, 29 Aug 2008 00:06:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=551 The dispute concerned whether an enhanced service tax rate applies to receipts collected after a rate increase under hire purchase agreements entered earlier. The tribunal applied the administrative principle in the CBEC circular that the Time of Taxation is the provision of the service, not later receipts, and therefore declined to apply the higher rate to collections attributable to services provided before the increase. News - Tue, 26 Aug 2008 22:32:41 +0530 https://www.taxtmi.com/news?id=551