Service Tax - When to remit tax ?
Querist : Anonymous
Service Tax is payable on receipt basis. Say:
Amount (Rs) 100
Add: Service Tax(say) 12
Total Invoice 112
Less: TDS deducted(say) 10
Bank Receipt 102
In the above example, how much service tax should be remitted & when?
Like should the Company remit full service tax on receipt of Rs 102/- or else proportionately on the receipt of the Rs102/- & balance on receipt of TDS Certificate. I was basically worried as TDS certificates are received later.
Kindly provide your views(Please refer notifications/case if any)
Thanks & Regards
Ari
Querist : Anonymous
Please refer the same if any
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