https://www.taxtmi.com/article/detailed?id=6384 Rule 5 provides that when a service becomes taxable for the first time, tax is not payable to the extent an invoice has been issued and payment received before taxation, or where payment was received before taxation and invoice issued within the prescribed period; for continuous supplies each billing period and contractually agreed payment dates determine the point of taxation, with the earlier of payment or invoice becoming decisive when issued before the service date. en-us Thu, 13 Aug 2015 06:53:01 +0530 Thu, 13 Aug 2015 06:53:01 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=6384 Rule 5 provides that when a service becomes taxable for the first time, tax is not payable to the extent an invoice has been issued and payment received before taxation, or where payment was received before taxation and invoice issued within the prescribed period; for continuous supplies each billing period and contractually agreed payment dates determine the point of taxation, with the earlier of payment or invoice becoming decisive when issued before the service date. Articles Service Tax Thu, 13 Aug 2015 06:53:01 +0530 https://www.taxtmi.com/article/detailed?id=6384