Service tax on bill raised in March'10
This query is : Resolved
Ravi Sodani
(Querist)
14 March 2011
Dear All
From the 1st April 2010 Point of Taxable is changed from maount recived to Invoice raised date.
My Doubt is that what about invoices raised before march'10 but payment yet not recived,
so what I have to do, if not recived payment in march'10.
Thanks a lot in advance
From the 1st April 2010 Point of Taxable is changed from maount recived to Invoice raised date.
My Doubt is that what about invoices raised before march'10 but payment yet not recived,
so what I have to do, if not recived payment in march'10.
Thanks a lot in advance
15 March 2011
When service has been provided ? Before or after 01-04-2011.
Ravi Sodani
(Querist)
15 March 2011
Before March'10
15 March 2011
As per Section 68 & Rule 6-
While charge of service tax is on provision of service and tax is payable only when the value of taxable service is received.
In your case service tax to be payable on when you received the payment of taxable service.
While charge of service tax is on provision of service and tax is payable only when the value of taxable service is received.
In your case service tax to be payable on when you received the payment of taxable service.
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