Under the existing Service Tax Law, Service Tax was paid on cash basis, i.e. ST was paid on receipts, as the turnover was less than 50 lakhs.
However, under GST, the same is payable on accrual basis. what are the Transitional Provisions for those bills whose payment is not received till 30 june?
Menu
Transitional Prov for Service Tax
Replies (3)
Pl refer this brochure
https://www.cbec.gov.in/resources//htdocs-cbec/gst/eflier-transition-provisions14062017.pdf
Pl refer this brochure
https://www.cbec.gov.in/resources//htdocs-cbec/gst/eflier-transition-provisions14062017.pdf
It does not have the answer to my query!
Recent Threads
- Gst interest and penalty doubts regarding missing
- Import of goods IMS telated
- ITR 6 submitting Problem
- Partnership Firm Closure Process
- Why the Costing Department Is Important ?
- Difference in efiling portal and intimation order
- Income tax challan correction
- AGM WITH SHORTER NOTICE
- 15CA/15CB Bulk Filing Automation Tool – Need
- GSTR 9 FY 2023-24 LATE FEE
Related Threads
CAclubindia
