Applicability of the rate of tax

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....pplicability of the rate of tax<br> Query (Issue) Started By: - Suhit Aggarwal Dated:- 26-2-2009 Last Reply Date:- 4-3-2009 Service Tax<br>Got 2 Replies<br>Service Tax<br>Which rate will be applicable....

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.... on advance payment received along with 12% service tax for services which are rendered either on 24.02.09 or will be rendendered after 24.02.09? Will it be 10% or 12%? Reply By Ashish Garg: The Repl....

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....y: In nut shell, the question is whether the rate of service tax would be applicable as prevailing on the date of service rendered or as on the date of issue of Invoice? Reply By Sunil Jain: The Reply....

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....: In both the cases mentioned by you service has been rendered either on or after 24.02.09, therefore the notification dt 24th feb being for 10% the same rate is applicable on you<br> Discussion Forum....

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