When there is change in rate of service tax and the invoice is issued before the change in rate and payment is also received before the change but the service is provided after the date of change of rate, the point of ta

CS Executive · Tax Laws and Practice · PYQS · June 2017
When there is change in rate of service tax and the invoice is issued before the change in rate and payment is also received before the change but the service is provided after the date of change of rate, the point of taxation is:
(A) Date of receipt of payment
(B) Date of invoice
(C) Date of rendering service
(D) Date of payment or invoice whichever is earlier

Answer & Explanation:

Correct Answer: Option (D)

Official answer key: (D).

Topics: Service Tax

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