Stay by Delhi HC to CBEC circular dated 8-5-2012 reg service tax on invoices prior to 31-3-2012

---------- Forwarded message ----------
From: V S Datey <dateyvs@yahoo.com>
Date: Mon, Aug 6, 2012 at 1:12 PM
Subject: NashiCAs Stay by Delhi HC to CBEC circular dated 8-5-2012 reg service tax on invoices prior to 31-3-2012

CBE&C has issued circular dated 8-5-2012 stating that even if service was provided before 31-3-2012, service tax will be payable @ 12% if ayment is received after 1-4-2012. Hon. Delhi High Court has garnted stay to this circular on 27-7-2012 in a writ etition filed by Delhi CA Society. Next hearing is fixxed o 14th AUgust 2012 V S Datey  Author of books on Indirect Taxes and Corporate Laws,  Mobile 0 98231 55883. Landline - 91 (020) 2295 1892 Pune, Maharashtra, India