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service tax

Service Tax (Legacy) 988 views 3 replies
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student
70 Points Posted on 04 February 2008

Dear Sir

If i have recceived amount in sep & oct.against bill raised in august. in which month the laibility of service tax started.

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On 04 February 2008 at 16:05 Report
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Guest
460605 Points Posted on 04 February 2008
Hi. Service tax liability will arise on receipt basis(not on accrual basis). If you received amount in October(bill raised in August) ST should remit on or before 5 th of susequent month/quarter as the case may be.
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On 04 February 2008 at 16:49
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CA
178 Points Posted on 04 February 2008
i also think that the service tax is based on the receipt basis not on an accrual basis hence the s.t. should be paid in the next month after receipt.
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On 04 February 2008 at 17:03
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article
2677 Points Posted on 05 February 2008
Service Tax is always charged on receipt basis and not on accural basis.... According to this concept charge Service Tax accordingly.....
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On 05 February 2008 at 09:28


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