Service Tax Late Payments

This query is : Resolved

ashok (Querist)
Follow

09 December 2010 Dear Friends

I have a doubt on service tax payments - we have started our company recently, we are engaged in VFX Creations & Graphics Designing Services. We have two projects, recently we have received advance payments from our clients still we have not raised Invoice them, but it will take time to raise Invoice. Here my doubt is for these advance receipts should I have pay service tax? Project i will not complete in this finical year. So, I am unable to raise Invoice. Then how can utilize this service tax and how can I setoff these payments in future? Please guide me.

Madhukar N Hiregange

Madhukar N Hiregange (Expert)
Follow

12 December 2010 raise proforma invoice clearly mentioning that invoice raised for advacne toenable credit availment.

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Summarize this with AI

ChatGPT Perplexity Claude Google AI Grok

Similar Resolved Queries

Unanswered Queries

Popular
Recent

Trending Online Classes

Direct Tax Laws & International Taxation May 26,Sept 26 & Jan 27

CA Arvind Tuli

Enroll Now
Audit Fast Track Recorded Batch For May 26,Sept 26 & Jan 27

CA Aarti Lahoti

Enroll Now
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English

CA Bhanwar Borana & CA Shubham Keswani

Enroll Now

view all classess

Meet our CAclubindia PRO Members

Shubham Jain

Sanjay Ratnani

Anirudh Sharma

6380177036

Chnmaya parhi

Subscribe Now

Service Tax Late Payments

Similar Resolved Queries

Trending Online Classes

Meet our CAclubindia PRO Members

Quick Links

Browse by Category

Latest Job Openings

Article Assistant

CA Final

GST CONSULTANCY

GST CONSULTANT

Accountant