Newer Services

The amendments to rules also describe changes in the point of taxation when new services are introduced. Based on Rule 5, if an invoice is issued and payment received for a new taxable service, you do not need to pay tax for the service before the service is introduced in the taxable category. This means that if two of the events have occurred before the introduction of the new service as taxable, then you need to ignore the date of provision of service. Also, if you receive payment against a new taxable service before its introduction, and then issue an invoice within 14 days, you do not need to pay service tax.