Regarding point of taxation of service tax.

This query is : Open

Querist : Anonymous

Querist : Anonymous (Querist)

21 January 2012 sir,

I am taking commission against targeted sales.Actuall condition is that If I achive the target of sales at arount 12000 mt. up to dec.11, then i will get @ 200/- P.m.t in this sales tonnes. otherwise i will not get any commission.
and If i got the commission through bill has been raised on 12/01/2012 against that , so, is the liabel of service tax as per point of taxation procedure. or i have to pay interest on that or penality.
Actually this contact is continious from April.2011 , the whole sales is up to dec.11.
So, Please guide us.
Thanking you.

Arun Gulati

Arun Gulati (Expert)
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22 January 2012 please clarify when you got the payment. If got the payment in the month of December or before that your services is deemed to completed and in case of advance receipt,you were also liable to pay service tax on 5th of next month.

Querist : Anonymous

Querist : Anonymous (Querist)

23 January 2012 Sir,
Only bill has been raised by the party, no further payment has been received aginst this.

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Querist : Anonymous

Querist : Anonymous (Querist)

27 January 2012 sir,
Only bill has raised by the party, no further payment has been received against this.