https://www.taxtmi.com/article/detailed?id=6152 Point of Taxation Rules, 2011 fix the taxable point for a change in service tax rate by reference to timing of invoice issuance and receipt of payment: six permutations of before/after the notified effective date identify whether the earlier of invoice or payment, the date of invoice, or the date of payment governs which rate applies. The same approach applies to the cleanliness cess treated as service tax, and if payment is not bank credited within four working days after the rate change the new rate applies; advance payment treatment is governed by the designated procedural rule. en-us Fri, 13 Mar 2015 08:15:19 +0530 Fri, 13 Mar 2015 08:15:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=6152 Point of Taxation Rules, 2011 fix the taxable point for a change in service tax rate by reference to timing of invoice issuance and receipt of payment: six permutations of before/after the notified effective date identify whether the earlier of invoice or payment, the date of invoice, or the date of payment governs which rate applies. The same approach applies to the cleanliness cess treated as service tax, and if payment is not bank credited within four working days after the rate change the new rate applies; advance payment treatment is governed by the designated procedural rule. Articles Service Tax Fri, 13 Mar 2015 08:15:19 +0530 https://www.taxtmi.com/article/detailed?id=6152