Service tax
This query is : Open
24 June 2013
As per service tax rules service tax liability accrues on which date? when a services is rendered and no invoice is made within 14 days of completion of service and no payment is received.
If answer is on the date of rendering of service then we have to pay service tax to the gov. without receiving it from client.
Afterwords if we cant recover any amount from client then what to do??
If answer is on the date of rendering of service then we have to pay service tax to the gov. without receiving it from client.
Afterwords if we cant recover any amount from client then what to do??
26 June 2013
Miss Seema, practical is much more different from Books. In general practice we do not see the date of completion of service, What we see is the date of invoice or if thr is any advance payment. Yet if u want to consider the date of completion and pay tax as per tat date, and subsequently u dont get the payment, u can set off that tax with ur further liability if any.
26 June 2013
Miss Seema,
AS per my knowledge invoice if issued within 30 days from the date of completion of service, if not issued then date of completion will be taken as effective date.
AS per my knowledge invoice if issued within 30 days from the date of completion of service, if not issued then date of completion will be taken as effective date.
26 June 2013
i.e. if invoice issued within 30 days - date of invoice
and if not issued within 30 days - date of completion
and if not issued within 30 days - date of completion
26 June 2013
sir
there is no time limit of 30 days as per service tax rules
there is no time limit of 30 days as per service tax rules
26 June 2013
Please check rule 4A of service tax rules updated
26 June 2013
https://www.servicetax.gov.in/st-rules1994-janfeb2013.pdf
26 June 2013
sir my query is what to do if i don't receive any payment from my client and i have paid this to govt.?
26 June 2013
You can adjsut the amount from your later payments
26 June 2013
No such time limit.
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
- CAPITAL GAIN BASE ON NOTIFICATION
- Unregistered suppliers utility
- NRI starting business in India
- ITDS U/S.194T of Firm
- FCRA 6 E- Intimation
- Resigning a auditor from the company for misconduct
- Filling ITR - U
- TDS ON EMAIL DOMAIN SERVICE BILL
- Eway bill not cancelled within 24 hous what can be due
- EXPORT COMMERCIAL INVOICE HSN CODE
- Taxable or Tax exempt
- How to pay remaining amount of TDS after due date?
- RCM @ 5% on Hamali charges, Transport Charges, Unloading charges we take ITC or not
- CALCULATION OF DEFFERED TAX - OP BL IS DTL & CURRET IT DTA
- LLP audit under companies act
- Experienced CA recommendation from Kolkata for FNO return filing
- Interest Reporting in Form 168
- Sales of goods of amount Rs77 lakhs to a party
- Tax Demand of ₹4,650 for AY 2026-27
- Concept of Vendor and customner 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
