08 April 2009
IF WE RAISE A INVOICE BEFORE MEARCH WITH SERVICE TAX CHARGED BUT WE RECEIVED THE PAYMENT AFTER MARCH , IS SERVICE TAX IS NEED TO BE DEPOSITED BEFORE MARCH OR NOT?
BECAUSE WE HAVE NOT RECEIVED THE PAYMENT TILL DATE
11 April 2009
No liability to pay service tax arises till the payment is received. Mere accounting service income in the books does not render it payable.
But if the invoice is raised on an associated enterprise then service tax is payable even if payment is not received by you , under the new provisions
11 April 2009
No liability to pay service tax arises till the payment is received. Mere accounting service income in the books does not render it payable.
But if the invoice is raised on an associated enterprise then service tax is payable even if payment is not received by you , under the new provisions
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