service tax

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Deven rasiklal vejani (Querist)
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27 March 2009 as 31st is coming how to calcualte payable service tax on payment basis or accrual basis? pls immediate reply on
deven_vejani@yahoo.com pls.

Laxmi Narayana Sahu

Laxmi Narayana Sahu (Expert)
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27 March 2009 It will be calculated on the basis of collection of service tax from the debtors & input is to be taken on the actual payment made.

Ram Avtar Singh

Ram Avtar Singh (Expert)
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27 March 2009 accrual basis and its last date of payment is 31/3/2009. for the period 1.3.09 to 30.3.09

Deven rasiklal vejani

Deven rasiklal vejani (Querist)
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17 April 2009 i have not received my REgistration letter of Article ship pls give me CONTACT NO of BOmbay INSTITUTE TO communicate here is my MOBILE No. 9904502013

Dayal

Dayal (Expert)
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19 April 2009 Service tax is not payble on accruals, unless it is an associated enterprise.

If associated enterprise than any adjustment in the books either on account of receipt or payments will be subject to service tax

In all other cases service tax is payable only on receipt or payment ( for import services)