Amendment on Point of Taxation Rules, 2011; Notification No. 37/2012 – Service Tax ,Dt 20th June, 2012

1. In exercise of the powers conferred by Section 94(2) clause (a) and clause (hhh) of the Finance Act, 1994.

2. The principal notification No. 18/2011 - Service Tax was issued on 1-3-2011, last amended by notification No. 4/2012-Service Tax, dated the 17^th March.

3. These rules may be called the Point of Taxation (Amendment) Rules, 2012.

4. These rules shall come into force on the 1^st day of July, 2012.

5.In the Point of Taxation Rules, 2011,

(a)  In rule 2,

 sub-rules (b) and (f) shall be omitted.

(b) for the words, “provided or to be provided” wherever they occur, the words “provided or agreed to be provided” shall be substituted.