Payment of service tax

This query is : Resolved 

18 December 2014 Respected sir,
We are having proprietorship business, and doing the crushing business and collecting the service tax on the same around Rs. 10 Lakhs per month, our doubt is that have to pay service tax monthly or quarterly. payment is on receipt basis or accrual (billing) basis.
Please sir
Thanking you
Yours faithfully
Srinivasa Joshi.

18 December 2014 For Proprietorship firm service tax to be paid quarterly. Please note that from 01.10.2014 e payment of Service Tax is mandatory for all assessees.

18 December 2014 If your Turnover in preceding fin. year not exceeeed 50lac thehn you can pay it on cash basis else to be paid on accural basis.

pay it quarterly


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



Similar Resolved Queries


loading


Unanswered Queries



CCI Pro

Follow us
add to google news


Answer Query



Company
ARTICLESHIP 09 June 2026
Article Trainee

Numbertree LLP

Mumbai

CA Inter

View Details
Company
ARTICLESHIP 30 June 2026
Taxation Content Writer Intern

Interactive Media Pvt Ltd.

New Delhi

CA Inter

View Details
Company
12 June 2026
Accounts & Taxation Executive

Winshine Financial Services

Mumbai

CA Inter

View Details
Company
ARTICLESHIP 28 June 2026
Article Assistant

Sharma Chetan And Company

Gurgaon

CA Inter

View Details
Company
24 June 2026
Chartered Accountant - GST & Direct Tax

APL

Mumbai

CA

View Details
Company
20 June 2026
Chartered Accountant

ANV & Company

New Delhi

CA

View Details
Company
10 June 2026
Senior Account Executive

JDS Advisory LLP

Ahmedabad

CA Inter

View Details
Company
29 June 2026
Accountant (Finance & Compliance)

TRIEYEZ

Kolkata

CA

View Details