advace money
This query is : Resolved
09 October 2010
i have given certain services of rs 30000 for which the 7500 is advance received on 4/2/9 , which i have treated as advances not receipt in books , the other payment is received on 1/10/09 and i pay service tax on total amount i.e. including advance received, is it correct?
09 October 2010
yes. You need to pay service tax on total invoice value. you suppose to paid service tax on advance receipt Rs.7500/- on 4/2/2009 itself
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