Service rendered for March 2015 . However the registration number for service tax obtained on 27th May 2015. Should the invoice date charging service tax be March or after the registration date?
27 May 2015
In my Opinion it should be after date of Registration else you will be liable for penalty of late registration as service tax collected on 31st march and you should get registered within 30 days. i.e. 30th April. So better issue bill after date of registration
Querist :
Anonymous
Querist :
Anonymous
(Querist)
27 May 2015
Thanks Atit. If i keep invoice date of may for services rendered for March 2015, will there be any interest? Please note that the liability is on receipt basis since taxable turnover last year was less than 50 Lakhs. Hence receipt basis should be strictly followed? Because as per POT invoice date is more than 30 days