https://www.taxtmi.com/forum/issue?id=109399 The question addresses which tax rate applies to reverse-charge services received before a statutory rate change but paid after it. Under the Point of Taxation Rules, the point of taxation for recipients liable under the Reverse Charge mechanism is the date of payment; therefore the tax and related cess applicable on the date of payment apply, including on continuous services billed at month end. en-us Sun, 15 Nov 2015 08:16:24 +0530 Thu, 23 Jan 2025 15:56:41 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=109399 The question addresses which tax rate applies to reverse-charge services received before a statutory rate change but paid after it. Under the Point of Taxation Rules, the point of taxation for recipients liable under the Reverse Charge mechanism is the date of payment; therefore the tax and related cess applicable on the date of payment apply, including on continuous services billed at month end. Discussion-Forum Service Tax Sun, 15 Nov 2015 08:16:24 +0530 https://www.taxtmi.com/forum/issue?id=109399