Pvt. ltd. company providing architect services

This query is : Resolved 

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
08 October 2011 Dear Sirs,

My client is a Pvt. Ltd. Company providing Architect Services.

As per department clarification vide Letter no. F.No. 341/34/2011-TRU dated 31/3/2011, INDIVIDUALS, PROPRIETORSHIPS & PARTNERSHIP FIRMS providing specific services (Chartered Accountants,Cost Accountant,Company Secretary,Architect, Interior Decorator, Legal, Scientific and Technical Consultancy Services) will continue to pay service tax receipt basis instead of accrual basis even after 1/7/2011.

Is my client (A PVT. LTD. COMPANY) required pay service tax on billing basis or on receipt basis?

Thanks

09 October 2011 The above said circular is very clear that only individual, proprietorship firms and partnership firms will continue to pay service tax on receipt basis.

In your case, Pvt Ltd does not fall in above category and accordingly required to pay service tax on accrual basis.



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