Easy Office
LCI Learning

Service Tax

This query is : Resolved 

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
16 September 2010 Hi
Respected Members

Suppose If i a m service provider and i raised the bill of Rs. 50000/- and my debtors give me 20000 out of which 2000 TDS deducted and 1000 deducted as Security Deposit.

Then at what amount service tax should be paid whether on 20000 or net payment received i.e 20000-2000-1000 = 17000/-.

Thanks


16 September 2010 You have to pay service tax on Rs. 20000/- i.e gross amount which you have recd.

18 September 2010 S> tax would be paid on Rs. 19,000/-.

Still 1,000/- is the refundable deposits not received.

Regards
P




You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries




Answer Query