Service tax payment
This query is : Resolved
Guest
Guest
(Querist)
11 January 2016
where a service provider maintain books of accounts on cash basis relating to taxable services provided by him, will service tax be payable on accrual basis?
11 January 2016
service tax should paid on the basis of point of taxation. You should follow point of taxation rules
14 January 2016
If gross turnover during PY is less than 50 lacs and service provider is individual or proprietary firm or partnership firm, cash basis could be followed upto 50 lacs turnover in current year also.
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