Registration query its very urgent
This query is : Resolved
CA BHARAT VAGHEL
(Querist)
26 June 2013
HI..
MY CLIENT WILL ISSUE INVOICE IN MARCH 2013 BUT WE WILL MAKE APPLICATION FOR REGISTRATION ON 15TH MAY.
WHAT I CAN DO KNOW WHETHER I WILL MAKE ONLY PAYMENT OF SERVICE TAX WITH INTEREST @ 1.5% PER MONTH
MY CLIENT WILL ISSUE INVOICE IN MARCH 2013 BUT WE WILL MAKE APPLICATION FOR REGISTRATION ON 15TH MAY.
WHAT I CAN DO KNOW WHETHER I WILL MAKE ONLY PAYMENT OF SERVICE TAX WITH INTEREST @ 1.5% PER MONTH
CMA KRISHNA GUPTA
(Expert)
28 June 2013
As per Rule 3 of POT, st paid either invoice issued or amount received in advance which ever is earlier. Therefore, u have to pay interest from 1st April to till date of payment @ 1.5% per month.
You client eligible for Rs. 10 lakhs exemption if ST not collect from customer.
You client eligible for Rs. 10 lakhs exemption if ST not collect from customer.
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
- Tax on Amount transferred in HUF Account
- Nursery business
- Working on Gold wastage during Melting of old gold jewellery
- Condonation Request sec 119(2) b -Enhancement Limit of Leave Exemption prior to AY 2023
- TDS on Dashcam rent and allied services
- GST REFUND ISSUE ON PURCHASE OF PLANT AND MACHINERY
- Section 269ST applicability for capital introduced by partner to his partnership firm
- Intimation under section 245
- ETDS return q4 25-26
- GST input credit on commercial property
- Royalty payments to the Mining Department for procurement of murum - GST input
- HOW TO ADJUST CREDIT NOTE AMOUNT ?
- Import Order Cancelled.
- 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
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
