https://www.taxtmi.com/article/detailed?id=5834 Point of taxation for specified services makes the date of making or receiving payment the operative tax point for exports, reverse-charge supplies and certain named individual service providers; exports require receipt in convertible foreign exchange. For reverse charge, the payment date is the point of taxation, subject to reversal to general rules if payment is not made within the prescribed period; for associated enterprises with nonresident providers the earlier of book debit or payment date governs. An amendment for invoices issued on or after 1 October 2014 fixes the point for reverse-charge supplies as the earlier of payment date or the day after a three-month invoice period. en-us Thu, 18 Sep 2014 07:43:45 +0530 Thu, 18 Sep 2014 07:43:45 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=5834 Point of taxation for specified services makes the date of making or receiving payment the operative tax point for exports, reverse-charge supplies and certain named individual service providers; exports require receipt in convertible foreign exchange. For reverse charge, the payment date is the point of taxation, subject to reversal to general rules if payment is not made within the prescribed period; for associated enterprises with nonresident providers the earlier of book debit or payment date governs. An amendment for invoices issued on or after 1 October 2014 fixes the point for reverse-charge supplies as the earlier of payment date or the day after a three-month invoice period. Articles Service Tax Thu, 18 Sep 2014 07:43:45 +0530 https://www.taxtmi.com/article/detailed?id=5834