ST PAYMENT
This query is : Resolved
20 April 2011
Cleint Issued Bills during Jan-Mar for Rs.411887 (373415 + 38472 ST)
But amt. received against bills only Rs.280419 (254225+26194 ST) till 31st MARCH and deposited ST in Bank Rs.26194/-
Balance amount received in APRIL, so when he has to deposit the Balance ST to be deposited ? In July ? (if proprietor firm)
Cleint Issued Bills during Jan-Mar for Rs.411887 (373415 + 38472 ST)
But amt. received against bills only Rs.280419 (254225+26194 ST) till 31st MARCH and deposited ST in Bank Rs.26194/-
Balance amount received in APRIL, so when he has to deposit the Balance ST to be deposited ? In July ? (if proprietor firm)
rajula gurva reddy
(Expert)
21 April 2011
Service TAx is payable only on 5th of the following month,in which month amount was recovered and not in the month invoice/bill was issued. In the instant case Service TAx is payable on 31st of MArch on the amount deposited as on 31st MArch.The remaining Service TAx is payable only after realisation of the amount.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- ETDS return q4 25-26
- WRONG GSTR7 ENTRIES ACCEPTED ERRONEOUSLY
- Expert Help Required for TDS Refund 100000 Through TRACES – AY 2022–23
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
