Applicability on Advance Payment.

This query is : Resolved

O.P.SHARMA

O.P.SHARMA (Querist)
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01 April 2008 Dear Expets,

Pls confirm if we paid advance against the contract or moblisation advance on which TDS is applicable.

Is there any Service Tax charged by the contractee or service provider.

regards,

O.P.Sharma

CA Hemant T Dewani

CA Hemant T Dewani (Expert)
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01 April 2008 service tax should be deducted if there is any advance received by cintractor service tax payments is the liability of service providers if he is an indina contractor and tds is to be deducted on advance payments to the contractor because you know the total work done by the contractor

CA Praveen Chopra

CA Praveen Chopra (Expert)
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01 April 2008 Mr.Heman T.Dewani is correct

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