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Service tax payment - Accrual Basis

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(Querist)
02 December 2008 Hi,

Many of the companies following accroual basis , while remitting the service tax to the department.Is it corect method of making service tax payment?please give me details.

Thanks.
Gireesh Hegde
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Bhaskaran Chackrapani Warrier

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Bhaskaran Chackrapani Warrier (Expert)
02 December 2008 The act does not say so. Therefore, according to me,the method followed is wrong.
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CA. Amit Daga

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CA. Amit Daga (Expert)
03 December 2008 When you are going to invoiced to the customer than u will be eligible to deduct service tax
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