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Service tax payment

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(Querist)
05 July 2013 Dear Sir

I wants to know about service tax payment . Can we pay service tax on the basis of collection? or it would be paid on the basis of billing?

Pls reply.
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Jigar

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Jigar (Expert)
05 July 2013 If turnover of your organisation is below Rs. 50 Lacs in the previous year, then you can make payment on receipt basis

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