Part Payment received


This query is : Resolved 

07 March 2009 Ours is a post production house and generally it takes 4-5 months time to complete a particular job. during the progress of the work we receive some part payments from the customers. When the service tax is payable on part payments received. Is it in the month of receipt or at the time of raising the final invoice. Please advice.

Aman Mirza (Expert)
07 March 2009 servie tax payable on receipt of the money


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