CESTAT Chennai: Unbilled Revenue Not Taxable Before Receipt Under Rule 6 of Service Tax Rules

CESTAT Chennai held that unbilled revenue of Rs.23.75 crore was not taxable to Service Tax in FY 2008-09 as it had not been received, while advances were taxable on receipt basis under Rule 6 of the Service Tax Rules, 1994. The post CESTAT Chennai: Unbilled Revenue Not Taxable Before Receipt Under Rule 6 of Service Tax Rules appeared first on TaxGuru .