Actual payment of service tax

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sanalkumar t m (Querist)
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04 May 2013 X Ltd made an invoice of Rs 10000/- and service tax 1236/- on 01/12/2012 but the payment received from the client on 01/05/2013 so what is actual service tax due date in this case?

and if amount Rs 5000/- received from the client how much service tax should be paid?

Thanks and Regards

CA Vikas Acharya

CA Vikas Acharya (Expert)
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04 May 2013 for your case:
rule applicable = point of taxation
point of taxation = invoice date
due date for pay st = 5/1/2013
x ltd. has to pay the total amt. of 1236/-

pl clarify whether u received 5000 as full and final payment or one installment out of total 11236/-

sanalkumar t m

sanalkumar t m (Querist)
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04 May 2013 as partial payment not as final

Thanks & Regards

CA Vikas Acharya

CA Vikas Acharya (Expert)
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04 May 2013 if he paid 5000 now and remaining 6236/-later, it doesn't effect your liability to deposit the whole 1236/- on 5/1/13

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