SBC tax applicability

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..... SBC tax applicability
Query (Issue) Started By: - yateen vyas Dated:- 19-12-2015 Last Reply Date:- 22-12-2015 Service Tax
Got 7 Replies
Service Tax
Sir, If a service is completed before 15/11/205 and invoice is also made before 15/11/2015 but payment is made after 15/11/2015 in that case SBC will be applicable or not. Rgds Yateen vyas Reply By Ganeshan Kalyani: The Reply: You may .....

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..... refer Issue Id: 109564 dated 18.12.2015. The query is clearly answered therein. Reply By yateen vyas: The Reply: that was case of advance payment my question is regarding payment after 15/11/2015 but invoice before 15/11/2015. Reply By PAWAN KUMAR: The Reply: Dear Sir, SB Cess will not be leviable. It is very clear from the faq provided by CBEC that SB Cess will be payable on services which .....

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..... are provided on or after 15.11.2015 and invoice for the same is also be issued on or after 15.11.2015 and Payment Also in the same manner except the case of reverse charge mechanism. In the instant case service has been completed prior to 15.11.2015, therefore no liability of SB Cess. Reply By Ganeshan Kalyani: The Reply: To put is in simple way, two instances out of three (i.e. completion of s .....

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..... ervice, invoice date, payment date) are before 15.11.2015 therefore, SBC is not applicable. Reply By MARIAPPAN GOVINDARAJAN: The Reply: The querist may be got clarified by the explanations given by the experts. Reply By yateen vyas: The Reply: Thanks to all for such a handy explanation,that's why you are experts. Reply By Ganeshan Kalyani: The Reply: Welcome Sir. Thanks.
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