payment of service tax

This query is : Resolved

A J Sankar (Querist)
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07 November 2008 Is service tax payable on realisation of such service bill amount? or As and when such service provided(ie tax on all services rendered in that montth by 5th of the following month irrespecitve of realisation).

If on realisation basis if part of the service bill amount is received then is it required to pay all the ST on such bill or proporionately to the realisation amount?

Please give me clarity regarding this with example if possible

Bhaskaran Chackrapani Warrier

Bhaskaran Chackrapani Warrier (Expert)
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07 November 2008 1.on realization.
2.on realized amount only.

A J Sankar

A J Sankar (Querist)
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07 November 2008 if advance is taken for providing service does the service provider need to pay ST on it also irrespective of the service provided later.

Bhaskaran Chackrapani Warrier

Bhaskaran Chackrapani Warrier (Expert)
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07 November 2008 Yes.

A J Sankar

A J Sankar (Querist)
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07 November 2008 if advance is inexcess of service provided can the service tax paid be rufunded or adjusted in the next return

S.Srinivasaraghavan

S.Srinivasaraghavan (Expert)
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07 November 2008 If no service has been rendered, no service tax is applicable.

A J Sankar

A J Sankar (Querist)
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07 November 2008 ofcourse but an of advace say Rs.10000 has been taken for providing service. (then provider has to pay Rs.1236 as ST immediately is it correct?)
If service finally billed as Rs.9000 then can the service provider can claim refund/ adjust in next return ST on Rs.1000

Bhaskaran Chackrapani Warrier

Bhaskaran Chackrapani Warrier (Expert)
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07 November 2008 1.correct.
2.can adjust/claim refund.

A J Sankar

A J Sankar (Querist)
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07 November 2008 Thank Q very much sir(s)

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