on what basis to calculate service tax
This query is : Resolved
CA ABHAY SHAH
(Querist)
06 April 2011
For the period of jan to march-2011 the service tax is to be calculated on receipt basis or on bill or receipt which ever is earlier
thanks in advance
thanks in advance
06 April 2011
Actually liability for service tax arises only when we received service Tax from our client .
Service Tax liability calculated only on received basis not on due basis , so what ever service tax you received during this period need to paid before5th of the following months otherwise interest will attract .
Service Tax liability calculated only on received basis not on due basis , so what ever service tax you received during this period need to paid before5th of the following months otherwise interest will attract .
06 April 2011
For January to March 2011, service tax has to paid on receipt basis. The last date for payment of service tax for that quarter with out interest for non corporate service providers was 31/03/2011.
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
- Depreciation Chart Companies Act
- GST Audit whether Govt Companies are exempt?
- PTRC Show Cause Notice on Email
- Accounting treatment of AMC alongwith the purchase of Laptop
- Unable to File TDS Q2 Return – New TRACES Portal Error
- MSME disclosure and disallowance
- Taxation of crypto futures in India Fy 2026- 2027
- Not ordinarily resident having partnership income in India and salary in USA is any form to filed be
- Issuing of delivery challan by seller of goods
- EPF ECR NEW RULES Sep 17th 2026
- GST Treatment of Purchases with GST Paid where Outward Supplies of Manufactured CattleFeed Exempt
- 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
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- 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?
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
