Basis of Charge

This query is : Resolved 

16 April 2011 From 1.04.11 what is the basis of charge for service tax.

1. Which services are on cash basis
2. which services are on due basis.

16 April 2011 Service tax is charged on the bill either it is due basis or received basis .
Your service tax liability in cash basis arises when you received the cash and same in the due basis , you liability arise when you received the payment for the same bill .

Thanks

16 April 2011 Does this mean that service tax is payable on all the services on receipt basis only.


16 April 2011 Cash basis continues up to 30/06/2011.



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

Join CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries