Service tax liability on constructin

577 views
User Avatar

Accounts Manager - Taxation
1316 Points Posted on 11 July 2013

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 ?

0 Reply Share Follow Topic
On 11 July 2013 at 18:29 Report
Replies (1)
User Avatar

CHARTERED ACCOUNTANT
415 Points Posted on 12 July 2013

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.

Reply
On 12 July 2013 at 17:43

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Recent Topics :

  1. MR AASHOK KUMAR SHARMA
  2. NIC codes for FIRMS registration of entity
  3. Register on Income Tax as CA
  4. Deduction In Employee Provident Fund
  5. This is a gift for all Chartered Accountants and P
  6. NRI, ITR-2 FY 2025-26: AIS Part B2 (SFT) shows hig
  7. Wallet query for GST.
  8. 25-26 exempted sales
  9. Hotel stay below Rs.1000/- GST applicable or exemp
  10. NRI, ITR-2 FY 2025-26: AIS Part B2 (SFT) shows hig

More recent discussions | Post

Related Topics :

Loading

Latest Job Openings

View all
Company
12 October 2026
Finance

I-Genext Consulting Private Limited

New Delhi

CA

View Details
Company
ARTICLESHIP 29 October 2026
Article Assistant (CA Inter / CMA Inter) - Thrissur

Varma Raja & Associates

Thrissur

CA Inter

View Details
Company
Featured 27 October 2026
semi-qualified CA

Saini Pati Shah & Co LLP, Chartered Accountants

Mumbai

CA Final

View Details
Company
Featured 07 November 2026
Chartered Accountant

DPV & Associates

Chennai

CA

View Details
Company
13 October 2026
Accountant

Zerdi & Co. Chartered Accountants

Pune

B.Com

View Details
Company
21 October 2026
CA INTER/ BCOM WITH EXPERIENCE

CA S KUMAR GUPTA & CO

Amritsar

CA Inter

View Details
Company
Featured ARTICLESHIP 31 October 2026
CA Articleship

apricus india

Navi Mumbai

CA Inter

View Details
Company
ARTICLESHIP 25 October 2026
Article Intern (CA Articleship)

Arpan Bohra & Co

Hyderabad

CA Inter

View Details