close x
Home > Experts > Service Tax > Service tax Payment on Receipt Basis

Please Wait ..

to your account


Remember Me | Forgot your password?


Sign-up now

Join and Share your Knowledge. Registered members get a chance to interact at Forum, Ask Query, Comment etc.

Alternatively, you can log in using:

Service tax Payment on Receipt Basis (Service Tax)

Report Abuse
This query is : Resolved

Querist : Anonymous

( Querist )
01 February 2011

My accountant has advised me that Service tax is deposited on receipt basis not on bill basis.

I have a following query.

For example the service tax for a period is Rs. 1ac.

service Tax receipt for the same period is Rs.80K and tax is deposited in time.

Balance service tax amount Rs. 20K is realized in 1-2 months.

Please advise, What is the time frame to deposit the balance service tax amount.


C.A.Javid Patel

( Expert )
01 February 2011

1. Your Accontant is right.

2. about rs. 20k whenever it realised then you pay.

3. The due date of 5th of next month.

CA. Praveen Narayan

( Expert )
01 February 2011

Ya.. Evenif service tax liabilty arises on services provided or to be provided, service tax is to be remitted by 5th/ 6th following month of receipt.. Your accountant and Javid sir r right.

Querist : Anonymous

( Querist )
02 February 2011

Thanks very much for your guidance.




You need to be the querist or approved CAclub expert to take part in this query .

Click here to login ( Members Login ) now

Similar Resolved Queries :


Quick Links

back to the top