https://www.taxtmi.com/forum/issue?id=4838 Under Rule 3 of the Point of Taxation Rules, issuance of an invoice for services-including advance billing-constitutes the point of taxation, making service tax payable by the invoicing month regardless of receipt. An invoice showing service tax suffices for the recipient to claim credit; recipients lack statutory entitlement to demand proof of tax deposit. Partial reverse charge for works contracts applies where the provider is an individual/HUF/partnership and the recipient a body corporate: the contractee declares the gross taxable value and its 50% tax liability under Rule 4A, while the provider accounts for the remaining tax in line with applicable timing rules. en-us Mon, 22 Oct 2012 09:23:51 +0530 Thu, 23 Jan 2025 15:57:51 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=4838 Under Rule 3 of the Point of Taxation Rules, issuance of an invoice for services-including advance billing-constitutes the point of taxation, making service tax payable by the invoicing month regardless of receipt. An invoice showing service tax suffices for the recipient to claim credit; recipients lack statutory entitlement to demand proof of tax deposit. Partial reverse charge for works contracts applies where the provider is an individual/HUF/partnership and the recipient a body corporate: the contractee declares the gross taxable value and its 50% tax liability under Rule 4A, while the provider accounts for the remaining tax in line with applicable timing rules. Discussion-Forum Service Tax Mon, 22 Oct 2012 09:23:51 +0530 https://www.taxtmi.com/forum/issue?id=4838