19 August 2015
Experts please reply that i am engage in a business of work contact and i provide services to Government sector and I suppose to charge Service tax on bill and they pay the same, but i want to know that i have completed my job on March and raised bill on March but the payment for the bill of March has been received on May and after receipt of the bill i pay the service tax of March on May only. Under such situation am I liable to pay interest on such payment or not. When i am liable to pay service tax after completion oif job or after receipt of payment.