https://www.taxtmi.com/article/detailed?id=6808 A proviso in the Point of Taxation Rules treats the invoice issuance date as the point of taxation where liability under the reverse charge mechanism changes after service provision and invoice issuance but payment remains unpaid, creating an exception to the general rule that ties point of taxation to payment within three months or to the day after that period. The amendment also addresses liability shifts due to rate changes, abatement or new levies like the Krishi Kalyan Cess, while separate clarifications govern new services and new levies where invoices or payments predate taxability. en-us Wed, 04 May 2016 09:23:07 +0530 Wed, 04 May 2016 09:23:07 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=6808 A proviso in the Point of Taxation Rules treats the invoice issuance date as the point of taxation where liability under the reverse charge mechanism changes after service provision and invoice issuance but payment remains unpaid, creating an exception to the general rule that ties point of taxation to payment within three months or to the day after that period. The amendment also addresses liability shifts due to rate changes, abatement or new levies like the Krishi Kalyan Cess, while separate clarifications govern new services and new levies where invoices or payments predate taxability. Articles Service Tax Wed, 04 May 2016 09:23:07 +0530 https://www.taxtmi.com/article/detailed?id=6808