when is service tax on output service to be paid?
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
18 May 2010
input service tax credit can be claimed only when the payment for the bill has been made. what is the provision with regards to the output service tax payable. is it to be paid after the amount for the bill raised has been received or it is to be paid by the end on the month/quarter of making the sale bill to the party?
the firm, pays excise as well as service tax. input service tax credit is utilised for payment of excise duty as and when the payment of bills having service tax is made and output service tax is paid in full. whether output service tax is to be paid on receipt of amount from the party(as in case of input service tax) or on booking the sale?
the firm, pays excise as well as service tax. input service tax credit is utilised for payment of excise duty as and when the payment of bills having service tax is made and output service tax is paid in full. whether output service tax is to be paid on receipt of amount from the party(as in case of input service tax) or on booking the sale?
11 June 2010
Output service tax is to be paid on receipt of amount from the party.
If part payment is received, service tax on that portion has to be discharged considering the receipt as cum-tax amount.
Even, receipt in advance is subject to service tax.
If part payment is received, service tax on that portion has to be discharged considering the receipt as cum-tax amount.
Even, receipt in advance is subject to service tax.
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
- TDS on Consultancy- Non DTAA
- Depreciation of fixed assets- coop housing society in mumbai
- Reopen of assessment proceeding
- EPF FULL & FINAL RULES IN 2026
- Rental income gst and it purpose
- EXPORT BILL UNDER LUT FREIGHT CHARGE INCLUED IN INVOICE IT LIABLE TO TAX
- FTS Taxable under 115A
- Experts need help
- Management System (IMS)
- COMMERCIAL INVOICE FOR MATERIAL AND FREIGHT
- Gift Received from nonblood relative
- Goods sold but invoice not issued
- 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
- STATUTORY AUDIT OF A SMALL PRIVATE COMPANY INCORPORATED ON 28.03.2025
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
- How to pay remaining amount of TDS after due date?
- Resigning a auditor from the company for misconduct
- RCM @ 5% on Hamali charges, Transport Charges, Unloading charges we take ITC or not
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
