Service Tax on Foreign Services
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
09 December 2009
We are receiving foreign services like Management Services from Singapore/IT Services from our holding companies outside India, Invoices are reised on monthly basis by them and we record the invocies on monthly basis in our books. We also accrue for the service @ 10.3% on monthly basis. We would like know as when does the liability to deposit the service tax arrise in this case. When we actually make the payment to foreign entity or when we give the credit to them in our books.
09 December 2009
As on date on the date of credit.
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
- Where to show the RCM on Rent paid to unregistered landlord
- Is Aadhar PAN linking required for opening bank account?
- Applicability
- CPC Processing IT Return for AY 2023-24 without recognizing the Taxation Option under New Regime
- Offsetting interest income against derivative trading losses
- Application of 115BAC
- RCM - commercial rent paid to URP under GST
- Gst Sales of FY 2023-24
- GSTR-3B - Do I file nil when there is no sale but I've bought raw materials
- TDS NUMBER SURRENDER
- DELIVERY BY CREDITOR
- Cgst and Sgst liability set off
- Doubt in Form AOC 4
- Issue of gst e invoice
- Interchangeable words in accounts
- Adjusted profit/Loss in the case of LLP and Pvt. Ltd.company
- 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
Trending Online Classes
-
Excel Mastery Program
CA Rishabh Pugalia
CAclubindia
