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Is advance money include tax

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Querist : Anonymous

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Querist : Anonymous (Querist)
13 September 2011 if we received any money in advance is this money inclusion of tax or how to treat it for eg:- a received 5,00,000 if we have to calculate service tax payable how we calculate 500000 x 10.3/110.3
or 500000 x 10.3/100 ?
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Ram Avtar Singh

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Ram Avtar Singh (Expert)
13 September 2011 service tax on advance 500000 X 10.3%=51500
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Querist : Anonymous

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Querist : Anonymous (Querist)
13 September 2011 service tax is @ 10.35 but i want how we charge separately from client if we received money in advance
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