Amendment in Rule 7 of- The Point of Taxation Rules, 2011

In the Point of Taxation Rules 2011, in rule 7, “Determination of Point of taxation in case of specified services or persons” after the third provision, the following provision shall be inserted namely:- “Provided also that in case of services provided by the Government or local authority to any business entity, the point of taxation shall be the earlier of the dates on which:
 any payment, part or full, in respect of such service becomes due, as specified in the invoice, bill, challan or any other document issued by the Government or local authority demanding such payment; or
 payment for such services is made.”

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