09.05.2011
Hello Members ,
We are an outdoor advertising company . The bills that we raise to our clients is being paid normally only after 3 to 4 months . And so far we are paying the service tax to the Govt on collection mode for that quarter ie the collection recd for the month april , may and june is being paid on or before 5th of July .
Today i heard from my friend that from 1st of june 2011 we need to pay the service tax on BILLING MODE , ie whatwver bills that we are raising should be paid by 5th of july 2011 .
can some one clarify on this . is there is any notification from the dept .
sukumar
CAclubindia
