REG - SERVICE TAX
This query is : Resolved
08 April 2009
IF WE RAISE A INVOICE BEFORE MEARCH WITH SERVICE TAX CHARGED BUT WE RECEIVED THE PAYMENT AFTER MARCH , IS SERVICE TAX IS NEED TO BE DEPOSITED BEFORE MARCH OR NOT?
BECAUSE WE HAVE NOT RECEIVED THE PAYMENT TILL DATE
BECAUSE WE HAVE NOT RECEIVED THE PAYMENT TILL DATE
CA JAIMIN TRIVEDI
(Expert)
08 April 2009
No service tax has to be deposited as you have to pay service tax only when you receive the payment for your services.
10 April 2009
can u pls show me the entry for service tax
i am doing follwing entry right now
Dated - 01/03/2009
Debtors A/c Dr..... 1130
to Income A/c 1000
to Service Tax payable A/c 130
But i have received the payment on 08/04/2009 which is 890, so how much i need to deposit with government .....
i am doing follwing entry right now
Dated - 01/03/2009
Debtors A/c Dr..... 1130
to Income A/c 1000
to Service Tax payable A/c 130
But i have received the payment on 08/04/2009 which is 890, so how much i need to deposit with government .....
11 April 2009
No liability to pay service tax arises till the payment is received. Mere accounting service income in the books does not render it payable.
But if the invoice is raised on an associated enterprise then service tax is payable even if payment is not received by you , under the new provisions
But if the invoice is raised on an associated enterprise then service tax is payable even if payment is not received by you , under the new provisions
11 April 2009
No liability to pay service tax arises till the payment is received. Mere accounting service income in the books does not render it payable.
But if the invoice is raised on an associated enterprise then service tax is payable even if payment is not received by you , under the new provisions
But if the invoice is raised on an associated enterprise then service tax is payable even if payment is not received by you , under the new provisions
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
- WRONG GSTR7 ENTRIES ACCEPTED ERRONEOUSLY
- 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
- 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?
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
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
