Construction of residential complex
This query is : Resolved
08 October 2011
At presently when we issue a receipt to the party for payment, we mention that your next instalement is due on a future date.If we not mention the due date then what is the consequences.Can on this parameter service tax liabilty will be deferred till the payment received from party.
08 October 2011
Mere reminder of payment does not represent the service provided,
to get liable for service tax payment, agreement wise service provided or not / payment received or not, is to be confirmed on any specific date.
to get liable for service tax payment, agreement wise service provided or not / payment received or not, is to be confirmed on any specific date.
08 October 2011
If we intimate the party in advance for instalement due and issue a demand letter after the payment received ( Date Mention in Demand Letter is Just 7 Days Before from the Date of Payment Received )
08 October 2011
intimation is alike "proforma invoice" which has no legal validity unless the final invoice is raised, so date of actual payment is to be considered.
however if within the period of notice the work is likely to be completed against the said intimation, service tax liability get stand.
however if within the period of notice the work is likely to be completed against the said intimation, service tax liability get stand.
08 October 2011
Service tax liability arises only when you raise a invoice or when you receive any advance for any services that has already rendered.
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