Service tax payment under rcm

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

24 April 2015 Dear all expert
my client is engaged in partnership firm having turnover exceed 50 lacs, a contract was awarded to me client for that contract he is issuing invoice charging 50% ST under RCM.
but i have a Query in my mind as below under..
suppose if the invoice issue date 24/4/2015
payment receipt date is 30/8/2015

in this above situation the payment is made within six month but beyond three month
as per rule 10 what will be the due date for service tax payment . immediately completion of three month 27/7/2015.

please clarify this above Query...

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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24 April 2015 As the turnover is more than 50 lacs service tax has to be paid on accrual basis.
For the invoice issued on 24/4/2015 it has to be paid on 5th/6th July 2015(quarterly payment).

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