Stay abreast with the latest developments in the professional domain along with in-depth analysis through the monthly BCA Journal. Get access to an engaging library of researched publications from the BCAS stable.
Learn MoreExplore past issues of BCA Journal & indulge in a treasure trove of high-quality professional content across format of print, videos & learning events from the BCAS stable.
Learn More
These existing Notifications are now amended by the Notification No. 46/2011 & 47/2011, respectively to reduce service tax to the extent of R & D Cess subject to the fulfilment of the following cumulative conditions :
(a) R&D Cess is paid within 6 months of booking of invoice;
(b) R&D Cess is paid within 6 months of date of credit in books in case of associated companies;
(c) In any case R&D Cess should be paid before payment for the service.
