Rule 11 - Determination of rate of exchange. - Service Tax Rules, 1994

1 [11. Determination of rate of exchange. The rate of exchange for determination of value of taxable service shall be the applicable rate of exchange as per the generally accepted accounting principles on the date when point of taxation arises in terms of the Point of Taxation Rules, 2011 .] ----------------------------- Notes:- 1. Inserted vide Notification No. 19/2014-Service Tax New Delhi, the 25th August, 2014 w.e.f. 1st day of October, 2014