Akshay Malpani (CA - Partner MRO& Associates) (120 Points)
26 October 2012As per the POT rules POT for export of services is date of receipt (subject to realization within time limit prescribed by RBI). So in ST-3 while giving information about exports should we show only amount actually received in the relevant month or should we show entire billed amount??
Pradeep Nainawati
(ACA)
(496 Points)
Replied 26 October 2012
Hi Akshay,
You should show entire bill amount in Taxable amount charged table and in Service Tax payable coloum you should show only the amount received.
CAclubindia
