Difference between payment of tax and filing its return
This query is : Resolved
VARUN RANJAN
(Querist)
16 July 2013
what is the difference between payment of service tax and filing its return?
please help
please help
16 July 2013
Payment of service tax is the liability of paying the service tax collected from the party whereas filing of return is furnishing the data relating to the payment of service tax under various heads and availing of input credit.
Shudhanshu Agrawal
(Expert)
16 July 2013
Payment of Service tax means payment of ST collected or to be collected, as the case may be, from the different parties and depositing it with the CG.
However, filing of service tax return means giving details of service tax collected, input credit earned, input credit utilized and service tax paid to the CG.
However, filing of service tax return means giving details of service tax collected, input credit earned, input credit utilized and service tax paid to the CG.
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
- Late Filing Fee Waiver for Q1 Form 144 (Earlier 27Q) – Transition to Income-tax Act, 2025
- GST input credit on commercial property
- GST REFUND ISSUE ON PURCHASE OF PLANT AND MACHINERY
- GSTR-9C filing
- Import Order Cancelled.
- TDS on Dashcam rent and allied services
- Working on Gold wastage during Melting of old gold jewellery
- Gift to nri relatives residing in usa
- Capital Gains Tax on Inherited Mutual Fund
- TDS- 2026-27 Q1 Correction
- Subject: Legal Remedy for Removal of Income Tax Demand for AY 2024–25 – Charitable Trust
- Expert Help Required for TDS Refund 100000 Through TRACES – AY 2022–23
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- Tally: Imported bank entries do not show up in manual reconciliation
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
- How to pay remaining amount of TDS after due date?
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
