Sirs,
Kindly clarify
I have received advance of Rs.10,00,000/- alongwith Service tax of 12.36% during the year 2014 for the services to be rendered for two years from the date of receipt of advance.
I have remitted the entire Service Tax.
Now in 2014-15 Service to the value of 2,00,000 was rendered. Service tax @ 12.36% was invoiced. and adjusted against Advance
Again in 2015-16, Service to the value of 5,00,000 was rendered. Service Tax @ 14% was invoiced. Nothing was remitted to Service Tax authorities as it was adjusted against Advance.
in 2016-17 Service to the value of 1,00,000 was rendered. I have to raise the Invoice now.
Whether I have to charge Service Tax @ 14+0.5+.05?
then how can I remit the SBC & KKC? . Because when the payment was received, Education cess only was collected and remitted.
please guide me
thanks & regards,
M.Angayarkanni