23 June 2013
Now a days service tax is to be charged on the accrual basis means the moment you have rendered the services you have to raise the bills and it is not material whether you have received the payment or not you have to make the payment of ST. The mode of raising the bills is wrong as it is to be raised on monthly basis and tax is also to be paid on monthly basis. If you have contract to raise the bills quarterly then there is no problem. Now, what adjectally you want to know is missing
CAclubindia
