Service tax on accrual basis

1622 views
User Avatar

Audit Manager
103 Points Posted on 02 August 2011

Dear All,

Plz suggest the answer me on following queries.

Now , as per service tax new rule, i have made service tax payment on accrual basis for the month of july 2011. but what about service tax on outstanding / unpaid bills which is booked on before 31.3.2010?

 

regards,

Rohan

 

Reply Share Follow
On 02 August 2011 at 17:44 Report
Replies (2)
User Avatar

Sr. Manager
617 Points Posted on 02 August 2011
Point of taxation rules would not apply for invoices issued before the rules come into force, you will have to pay service tax as per the old rules that existed at the time of raising the invoices - i.e., on collection basis
Reply
On 02 August 2011 at 18:41
User Avatar

Chartered Accountant
2083 Points Posted on 03 August 2011

Bills issued prior to 01-04-2011 are goverened by erstwhile law.

Reply
On 03 August 2011 at 11:20

Join CAclubindia WhatsApp Finance Community & stay updated with the latest TAX news, compliance alerts and important updates all in one place!

Leave a Reply

Post Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Recent Topics :

  1. Itr 4 problem
  2. Capital Gains Mismatch Due to Sale Agreement in FY
  3. REGARDING NRO INVESTMENT IN SHARES OF DOMESTIC COM
  4. DTAA benefits
  5. SUPPLEMENTARY AGREEMENT FOR ADDING A PARTER IN TN
  6. Part availmement of ITC in case of rejection of su
  7. Due date for itr 5 no audit with loss for fy 25 26
  8. Capital Gains Mismatch AIS
  9. Inward E-way bill from Tally Prime 7.1
  10. Query regarding exemption under Section 10(10AA) &

More recent discussions | Post

Related Topics :

Loading

Latest Job Openings

View all
Company
ARTICLESHIP 17 July 2026
Article Assistant and B.com pass

BANSAL YOGESH AND CO

Gautam Budh Nagar

B.Com

View Details
Company
ARTICLESHIP 28 July 2026
Article/Intern/Semi-Qualified/Fresher B.Com

VNSS & Co

Mumbai

Others

View Details
Company
29 July 2026
ACCOUNTANT

ONESTEP GST SOLUTION

New Delhi

B.Com

View Details
Company
ARTICLESHIP 07 July 2026
Articleship

Jawahar and Associates Chartered Accountants

Hyderabad

CA Inter

View Details
Company
31 July 2026
Senior Accountant - Bunia, Democratic Republic of Congo

AD GLOBAL LTD

Mumbai

B.Com

View Details
Company
23 July 2026
Semi qualified CA

Garg Bros & Associate CA

New Delhi

CA Inter

View Details
Company
06 July 2026
Accountant

Agarwal Anoop and Associates

Noida

CA Final

View Details
Company
ARTICLESHIP 14 July 2026
Article Assistants

R Shyam and Associates

New Delhi

CA Final

View Details
Follow