Payment of service tax
This query is : Resolved
18 December 2014
Respected sir,
We are having proprietorship business, and doing the crushing business and collecting the service tax on the same around Rs. 10 Lakhs per month, our doubt is that have to pay service tax monthly or quarterly. payment is on receipt basis or accrual (billing) basis.
Please sir
Thanking you
Yours faithfully
Srinivasa Joshi.
We are having proprietorship business, and doing the crushing business and collecting the service tax on the same around Rs. 10 Lakhs per month, our doubt is that have to pay service tax monthly or quarterly. payment is on receipt basis or accrual (billing) basis.
Please sir
Thanking you
Yours faithfully
Srinivasa Joshi.
18 December 2014
For Proprietorship firm service tax to be paid quarterly. Please note that from 01.10.2014 e payment of Service Tax is mandatory for all assessees.
18 December 2014
If your Turnover in preceding fin. year not exceeeed 50lac thehn you can pay it on cash basis else to be paid on accural basis.
pay it quarterly
pay it quarterly
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Is this income indian or foreign income?
- GST on export of services and Input Credit
- ITC temporary reversal and reclaim
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- Inventory of finished goods
- Applicable TDS rate for sale of property in Nov 2024
- Confusion around Form 26QB fields
- RCM INVOICING FROM NOV-2024
- Sale of property furniture sale
- Quiery in relation to GST liability in case of an advocate who has obtained GST registration.
- Regarding Waiver of Interest levied u/s 50 of PGST/CGST Act
- LAST YEAR 2022-23 ITC IN NEXT YEAR 2023-24 REPORITNG IN GSTR-9
- MIS MATCH OF INVOICE NUMBER
- IGST Credit-Show cause notice issued-confusion
- Issue of gst e invoice
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
- 133(6) DIN INVALID format error - ->WHERE TO REPLY 133(6) notice?
- Query for dubts
- Regarding einvoice taken on nil rated sales
Trending Online Classes
CAclubindia
