St 3

This query is : Resolved

PREMAL (Querist)
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19 November 2011 Dear Sir

Following is My query for ST 3

for residential contact services if some one received money against running bill (details prepared for advance payment against complitation of work as on date)then we have to show runnig bill amount in Part II - Taxable Amount Charged (j)
Gross amount for which bills/invoices/challans are issued relating to service provided / to be provided (including export of service and exempted service)
Please advise.

Regards
PREMAL PATEL

PUNEET GOYAL

PUNEET GOYAL (Expert)
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19 November 2011 Suppose during april to sept. 2011 first half, you have issued the following invoices:
1. Rs. 1,00,000/- bills for services provided in india
2. Rs. 50,000/- bills for export of services
3. Rs. 1,00,000/- bills for exempted services

Now in part II (j) you will fill Rs. 2,50,000/- as gross amount for which invoices are issued. Rs. 50,000/- bills for export of services and Rs. 1,00,000/- bills for exempted services will also be filled in part II(i) and part II(m) respectively and net taxable amount charged in part II (p) will come out Rs. 1,00,000/- (2,50,000-50,000-1,00,000).

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