Service tax payable for bils before april 11
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
03 November 2011
Dear Sir,
I would like to know as to Service Taxes will be paid whether on receipt basis or billing basis for bills which are raised before April 11 amendment (i.e to pay Service Tax to be paid on billing or receipt whichever is earlier)
Bills have been raised to the party before April 11 however there are no receipts from the party.Hence Service Taxes are not paid as the amendment is w.e.f April 11.
So is it fine to pay Service Tax on receipt basis for bills raised prior to amendment.
I would like to know as to Service Taxes will be paid whether on receipt basis or billing basis for bills which are raised before April 11 amendment (i.e to pay Service Tax to be paid on billing or receipt whichever is earlier)
Bills have been raised to the party before April 11 however there are no receipts from the party.Hence Service Taxes are not paid as the amendment is w.e.f April 11.
So is it fine to pay Service Tax on receipt basis for bills raised prior to amendment.
03 November 2011
For bills raised before 1st April 2011, service tax need to pay only on receipt basis.
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