Consideration


This query is : Resolved 

06 November 2014 Is receipt of consideration necessary for service tax liability ?

Mere recording of income in books without receipt of the same is chargeable to service tax ???

Please provide reference.

06 November 2014 The service tax has now become independent of whether or not amount is received. As and when the bill is raised, the same becomes liable for service tax, whether you receive the amount or not


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