As we know that from June 2015 onwards there is no 2% and 1% cess to be charged. But in case any entity already having balance in Service tax receivable account for Cess, then how it can be adjusted in future with ST liability?
Mohit Goyal (JOB) (94 Points)
15 June 2015As we know that from June 2015 onwards there is no 2% and 1% cess to be charged. But in case any entity already having balance in Service tax receivable account for Cess, then how it can be adjusted in future with ST liability?
Kashish Gupta
(B.com (H) , ACA)
(368 Points)
Replied 15 June 2015
As on date, de[artment has issued notification on this for Excise part only.
Wait till it is notified for service tax.
Ashok J
(CA Final)
(880 Points)
Replied 15 June 2015
HI
Can you pls tell us what the notification says??
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