Prov. of Ser. Tax in case of prop.

Preeti Agarwal (Articled) (218 Points)

05 September 2008  


Please tell me in case of proprietorship, when the assessee has charged service tax in his invoice but since the payment has not been released from his debtor (as on 31st march) he has not paid the service tax. Do he has to take the provision of service tax due to pay to service tax department.

If yes do this is mandatory or optional.

If not what would be the effect and treatment of service tax charged in invoice. Where it will be shown.

Please help me out............