Hello Caclubindia,
i want know that when will my service tax liability on GTA services will arise.
Date of payment : 21/04/2012
Date of Service : 28/03/012
Date of Invoice 31/03/2012..
thanks in advance.
Regards
navin.
Hello Caclubindia,
i want know that when will my service tax liability on GTA services will arise.
Date of payment : 21/04/2012
Date of Service : 28/03/012
Date of Invoice 31/03/2012..
thanks in advance.
Regards
navin.
Assuming the you are the receiver of GTA service...and liable to pay under reverse charge mechanism...
The POT shall arise in the month of April'12(21-Apr-2012)....and payment needs to be made by 5th/6th May'12....
Since the payment has been made within 6 months from the date of invoice....
{Amended Rule 7 of POT,2011)
I also agree with Sumit Grover's openion,
CAclubindia
