Is service tax payable on advance amount?????

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

16 January 2015 Hi,
I want to know, Advance amount received for services to be rendered in future & Service Tax is paid on advance amount by service provider. but Actually Service wasn't given to service receiver. What would be the tax calculation in this situation with the Dept as well as with the service receiver?????

@*CS Siddharth Bumb. *

@*CS Siddharth Bumb. * (Expert)
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17 January 2015 Service tax is payable on advance amount received. Refer Rule 3 of point of taxation rules.

Thanks.

Regards,
Siddharth Bumb
www.dtidthelp.wordpress.com www.siddharthbumb.blogspot.com