24 April 2016
There is no legal bar in payment of service tax by non-corporate assessees monthly. This provision was inserted to make compliance easier for small businesses. Therefore the firm can make monthly payment of ST, but ensure that the quarterly payment covers the full amount of tax payable, else interest will be levied on the short-payment.
25 April 2016
For Partnership Firm there is option to make payment quarterly, but if firm want to make payment discharge liability accordingly there is no issue, payment can be made monthly it should match with quarter liability,
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