Go AD-Free with CAclubindia PRO for Rs 167/Month Only. Subscribe Now!

banner_ad

On which Date rate ST will be charged on Foreign Services

This query is : Resolved

Share Report Follow Query Ask a Query

Nand Kishor Sharma

Nand Kishor Sharma (Querist)
Follow

31 March 2009 We provide service to a foreign customer for the amount USD 1,00,000 on 14.05.2008. Further we deduct TDS from his account USD 10000 and deposited into bank.
Now My question is that
(i)ON wchich amount I have to pay service tax.
(II)On which rate date I have to pay service tax?

Dayal (Expert)
Follow

31 March 2009 Service tax is on the service provided and not as applicable on the date of payment received.

It is consumption based tax, hence payable at the rate when it was provided.

TDS amount is not deductible from taxable amount,

Service tax payable on the gross amount of 100000/- and not 90000/-

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CCI Pro

Join the CA Students WhatsApp Community for ICAI Updates, Trending Courses & Notes!

Similar Resolved Queries

Unanswered Queries

Popular
Recent

Trending Online Classes

Direct Tax Laws & International Taxation May 26,Sept 26 & Jan 27

CA Arvind Tuli

Enroll Now
Audit Fast Track Recorded Batch For May 26,Sept 26 & Jan 27

CA Aarti Lahoti

Enroll Now
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English

CA Bhanwar Borana & CA Shubham Keswani

Enroll Now

view all classess

CCI Pro

Meet our CAclubindia PRO Members

Pro Member ANITA NEGI

ANITA NEGI

Pro Member Shubham Jain

Shubham Jain

Pro Member AMBOJ KUMAR

AMBOJ KUMAR

Pro Member CA Rahul Patwardhan

CA Rahul Patwardhan

Pro Member Shailesh Singh

Shailesh Singh

Follow us

add to google news

Answer Query

Quick Links

Browse by Category

Latest Job Openings

View all

22 May 2026

Sr. Financial Analyst - Consolidation

Search Synergy

Mumbai

CA

View Details

14 May 2026

Financial Analyst - Remote Finance Expert

HiringBridge

Ahmedabad

CA

View Details

04 May 2026

Articleship

S.K Gairola & CO

New Delhi

B.Com

View Details

04 May 2026

Content Writer Intern

Interactive Media Pvt Ltd.

New Delhi

CA Inter

View Details

ARTICLESHIP 23 May 2026

Article Assistants

Acupro Consulting

Gurgaon

CA Inter

View Details

Featured 29 April 2026

Manager- Finance and Compliance

Naveen Fintech Pvt Ltd

Kolkata

CA Inter

View Details

16 May 2026

Account & Audit Asst

RAHUL KHANDEBHARAD & ASSOCIATES

Nashik

B.Com

View Details

01 May 2026

Chartered Accountant

Agrawal Jain & Co.

Raipur

CA

View Details