Service tax

if a service provider(X) entered into a contract with service receiver(Y)to provide a taxable service for about 12 months (1/4/2011-31/3/2012) for 20 lakhs.

on 1/4/2011 Y paid as an advance payment to X of Rs. 400000/- .after the end of the first quarter (31/6/2011) X has to pay service tax. he, in mean while provided service to Y. so what is the taxable amount and point of taxation for the first quarter only.

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Meghna Bafna

ANJANA BABU GUNTUPALLI

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