Service tax payment
Querist : Anonymous
i am SP.can i pay ST on the receipt basis or not..
Querist : Anonymous
in previous FY my receipt was more then 50 lacs, but i have doubt making ST payment on the receipt basis.
suppose. i have raised the bill on 25/6/2015, and due date for ST payment is 5/7/2015, but if the debtors has paid me this ST amount on 10/7/2015. when i will be liable to pay this ST amount whether on 10/7/2015 or 5/10/2015,
also tell me if i pay ST on the receipt basis. no need to pay ST included interest na....
This is a procedural difficulty made by the Point of Taxation Rules, 2012.
Querist : Anonymous
if i pay ST on bill basis the problem is i am contractor of repairing electricity goods.
suppose i have raised the to the company of RS. 100000+12360 ST total 112360/- and if i have deposited this 12360 ST before receiving the payment from debtors. but the debtors will never gives me full 112360/- this is the restriction in my profession. that's why i prefer the ST payment on the receipt basis. please tell me what is the difficulty to pay ST on receipt basis. please tell it in details...
Click here to login now
Similar Resolved Queries
- GST Audit whether Govt Companies are exempt?
- PTRC Show Cause Notice on Email
- Accounting treatment of AMC alongwith the purchase of Laptop
- Unable to File TDS Q2 Return – New TRACES Portal Error
- MSME disclosure and disallowance
- Taxation of crypto futures in India Fy 2026- 2027
- Not ordinarily resident having partnership income in India and salary in USA is any form to filed be
- GST Treatment of Purchases with GST Paid where Outward Supplies of Manufactured CattleFeed Exempt
- EPF ECR NEW RULES Sep 17th 2026
- Condonation Request sec 119(2) b -Enhancement Limit of Leave Exemption prior to AY 2023
- Expert Help Required for TDS Refund 100000 Through TRACES – AY 2022–23
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
