In case of certain services, when the services are performed, whole amount of consideration is not ascertainable

i.e. the amount of payment which will be received when a service is provided cannot be determined.

Example

  • Copyright Service
  • Royalty Service etc

 

In these case, point of taxation as per Rule 8  is

  • Date of Invoice

          Or

  • Date of payment

Whichever is earlier

(Service Provided is not considered)

  1. Service Tax
  2. Point of Taxation Rules
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CA Maninder Singh
CA Maninder Singh is a Chartered Accountant for the past 8 years. He provides courses for Practical Accounts, Taxation and Efiling at teachoo.com .
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