Point of Taxation - Import of Services - Professionals - GST - TIK Share
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Point of Taxation - Import of Services


Vedanta Deshika

2014-09-12

Scenario 1 :- If the payment is made within 3 months from the Invoice date, point of taxation is the date of payment and the rate of exchange would the rate as on the date of payment ( rates can be fixed following AS 11 )

Scenario 2 :- If the payment is made after 3 months from Invoice date , point of taxation is the date of Invoice and rate of exchange would be the rate as on the date of invoice.

Rahul Rai

2014-09-12

Can you please explain it? I am not able to understand, POT if invoice is already created?

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