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Accrual or Cash?

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(Querist)
21 June 2011 Now what is the current status for payment of Service tax for individuals for quater ending 30.6.2011? It is to be paid on accrual basis or cash basis?
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Aditya Maheshwari

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Aditya Maheshwari (Expert)
21 June 2011 for quarter ended 30th june you have option to pay on cash basis.

From 1st July u have to pay on accrual basis except if u are a professional like, CA, CS, icwa or architect.

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