Comm and st
This query is : Open
15 December 2014
Our client is prop concern n sole agent of one of textile co. Suppose his service start in 1st quarter n completed when customer makes the bill pyt and submit C-form say in 2nd quarter. Textile co. books comm in 2nd quarter. Our client actually receivce commission after completion of service. The issue is when to book commission n make ST pyt. Sometimes it takes 2 to 3 quarter to complete service. When to book comm n pay Ser ice Tax in all above situations.
15 December 2014
In my opinion As per point of taxation
Service tax is to be paid on raising invoice.
If invoice is not raised within time specified under Rules then on completion of Service as
in your case completion of service is date of booking comm and paying service tax accordingly
Service tax is to be paid on raising invoice.
If invoice is not raised within time specified under Rules then on completion of Service as
in your case completion of service is date of booking comm and paying service tax accordingly
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- About TDS & Income Tax
- Section 194JA & JB Income which ITR Form to use
- Pass word to open justification report for Q1 for FY 2026-27
- PPF interest-As Exempt Income disclosure
- Under construction property in ITR
- Scrutiny and reopening of past returns
- Booth for sales promotion
- Upload Level ValidationITR3Category of Defect B/D
- Building tax payment deduction in rental Income
- F & O PROFIT REPORTING FOR AY 2026-27
- Difference in GSTR3B system generated which is correct and actual Payment it asks
- Indian IT Portal issue in computing tax as per UK-India DTAA
- Capital Gains on sale of residential flat
- PF Taxable Income
- Clarification on Tax Audit Applicability and Reporting of F&O Transactions in ITR-3
- Interest credited in FY2025-2026 & TDS therein by EPFO does not reflect in AIS or Form 26AS
- 44ad eligble money lending interest
- Taxation in the hands of Landowner under JDA
- Delisted shares sold in off market/ Rebate u/s87A
- In Exports Sales HSN details where to fill
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
