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Service Tax payment liability

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(Querist)
08 April 2010 Hi

I have raised a service bill to customer and i have booked income.

So tell me, as per law, when i am liable to pay service tax liability to government. At the time of booking sales (income) or when i will receive amount from customer. Please send me link for the same, if any)
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CA Gangadhar Mishra

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CA Gangadhar Mishra (Expert)
08 April 2010 Service tax is to be paid on receipt basis not on accrual basis.
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Guest

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Guest (Expert)
08 April 2010 Agreed with Mr. Mishra, but if branch company relations (Sister concern companies) is there then definitely it's S.Tax is to be paid on accrual basis.
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Aditya Maheshwari

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Aditya Maheshwari (Expert)
08 April 2010 Service Tax payment should be on receipt basis only and not on accrual
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CA Ashok Kumar Sahu

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CA Ashok Kumar Sahu (Expert)
08 April 2010 AGREE WITH EXPERT
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CA Suresh Choudhary

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CA Suresh Choudhary (Expert)
08 April 2010 Agree with Experts
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CMA Ramesh Krishnan

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CMA Ramesh Krishnan (Expert)
08 April 2010 agreed service tax on receipt basis
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Deepak Agrawal

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Deepak Agrawal (Querist)
09 April 2010 It means we have to pay service tax on advance recd for the services to be provided after 3 month
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Guest

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Guest (Expert)
09 April 2010 Yes.
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Deepak Agrawal

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Deepak Agrawal (Querist)
16 April 2010 But why we should pay now. Since i have not yet rendered service.

I read as:

If the charges for the service have been received in advance prior to rendering of the services,the tax is payable in proportion to the extent of services rendered by them.
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Deepak Agrawal

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Deepak Agrawal (Querist)
16 April 2010 But why we should pay now. Since i have not yet rendered service.

I read as:

If the charges for the service have been received in advance prior to rendering of the services,the tax is payable in proportion to the extent of services rendered by them.
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CMA Ramesh Krishnan

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CMA Ramesh Krishnan (Expert)
16 April 2010 please refer Service tax definitions.it is mentioned Service provided or to be provided . so in your case it is to be provided
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