bad debts
This query is : Resolved
07 July 2010
if client does not pay and the company w/off the amount from books then whether the company is liable to pay service tax on the amount written off ?? if yes then plz tell the section or case law
if client does not pay and the company w/off the amount from books then whether the company is liable to pay service tax on the amount written off ?? if yes then plz tell the section or case law
07 July 2010
Service tax is payable on receipt basis only.
So in the above case no service tax payable.
So in the above case no service tax payable.
Message likes :
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07 July 2010
thanx even i was of the same view bt my sir was telling it is payable so i was confused
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