13 May 2009
In case of transaction with ASSOCIATED ENTERPRISES service tax need to pay on accrual or receipt whichever is earlier. However please advise while determining service tax liablity whether service tax credit on unpaid items can b adjusted or not.
13 May 2009
If in a transaction between associated enterprises, service tax has been paid on accrual basis, then in my opinion there should not be any restriction in utilising service tax amount so paid in paying tax liability.
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