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liability computation

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(Querist)
24 August 2009 How to calculate service tax liability when there is partial receipt of sales amount?
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HARISH KAPOOR

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HARISH KAPOOR (Expert)
24 August 2009 Since service tax is to be paid on realisation basis, it has to be deposited on reverse calculation i.e. if we receive Rs100/ out of this Rs 91/ will be treated the value of service and Rs 9/ will be treated as Service Tax i.e. 10%
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robin

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robin (Querist)
24 August 2009 Thank You Harish
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