https://www.taxtmi.com/article/detailed?id=6782 Service tax on any service provided by Government or a local authority to a business entity is made payable by the recipient under reverse charge, subject to specified exemptions inserted in the Mega Exemption Notification; valuation, point of taxation and Cenvat credit rules have been amended to include interest on deferred payments, fix point of taxation as earlier of payment becoming due or receipt, and regulate phased credit for one time charges while allowing immediate credit for periodic payments. en-us Sat, 16 Apr 2016 10:37:26 +0530 Sat, 16 Apr 2016 10:37:26 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=6782 Service tax on any service provided by Government or a local authority to a business entity is made payable by the recipient under reverse charge, subject to specified exemptions inserted in the Mega Exemption Notification; valuation, point of taxation and Cenvat credit rules have been amended to include interest on deferred payments, fix point of taxation as earlier of payment becoming due or receipt, and regulate phased credit for one time charges while allowing immediate credit for periodic payments. Articles Service Tax Sat, 16 Apr 2016 10:37:26 +0530 https://www.taxtmi.com/article/detailed?id=6782