TMI BlogRate of TaxX X X X Extracts X X X X X X X X Extracts X X X X ..... What wil be the rate of tax if services are provided before 1 july and payment is received after 1 july? - Reply By Pradeep Khatri - The Reply = The Department has clarified this matter and tax will ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... be 12.36%. - Reply By JAMES PG - The Reply = But there is a stay on the extra collection of 2.06% by Delhi High Court - Reply By Pradeep Khatri - The Reply = Yes, but on professionals like, CA, I ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... CWA and CS. - Reply By Harsh Jindal - The Reply = It depends on situation. There are three events in a service: 1. Date of Invoice 2. Date of receiving payment 3. Date of providing service If, t ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... wo events are held before 1 july, then the rate will be 10.30% and if the two events are held after 1 July, then the rate will be 12.36%. - Reply By Pradeep Khatri - The Reply = Very true.... - Rat ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... e of Tax - Query Started By: - Harsh Jindal Dated:- 23-8-2012 Service Tax - Got 5 Replies - Service Tax - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Managem ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ent India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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