Service tax liability on constructin

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Accounts Manager - Taxation
1771 Points Joined April 2009

I have a query regarding service tax liability on construction of residential complex.

eg. on 03/06/2013 builder issue a demand letter on completion of specific slab. Ager two month he receives the payment. I this case sercvie tax liability will be treated for June or actual on receipt of payment ?

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On 11 July 2013 at 18:29 Report
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CHARTERED ACCOUNTANT
396 Points Joined August 2010

Service tax liability arises on the date on which payment is due and not on actual receipt of payment(except in case of advance). Hence service tax liabilty arises in the month of june.

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On 12 July 2013 at 17:43


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