Regarding service tax rate
This query is : Open
23 September 2015
Dear All,
we have paid part payment to vendor of services with 12.36% and received invoice of part payment,bill dtd 31-03-2015,services render will be in nov 2015.remaining part payment we have paid in the month of july 2015 with service tax 14%
but vendor has been given bill of this remaining part payment with differance service tax amount as a payable of 1st bill on dtd 31-03-2015.
please suggest should we pay differance amount of servicetax of 1st bill on dtd 31-03-2015.
please suggest with notification.
we have paid part payment to vendor of services with 12.36% and received invoice of part payment,bill dtd 31-03-2015,services render will be in nov 2015.remaining part payment we have paid in the month of july 2015 with service tax 14%
but vendor has been given bill of this remaining part payment with differance service tax amount as a payable of 1st bill on dtd 31-03-2015.
please suggest should we pay differance amount of servicetax of 1st bill on dtd 31-03-2015.
please suggest with notification.
23 September 2015
The rate of 14% service tax has been applicable from 1.6.2015 before this period on invoice you need to pay 12.36%.
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23 September 2015
kindly send me notification of this sir
23 September 2015
Revised Service Tax Rate will be applicable from 01.06.2015.
Refer Notification No 14/2015 Dated 19.05.2015 from link given below:
https://www.caclubindia.com/forum/files/555789_20150519211107_notification.pdf
https://www.caclubindia.com/forum/files/555789_20150519213343_tru_letter.pdf
Refer Notification No 14/2015 Dated 19.05.2015 from link given below:
https://www.caclubindia.com/forum/files/555789_20150519211107_notification.pdf
https://www.caclubindia.com/forum/files/555789_20150519213343_tru_letter.pdf
24 September 2015
Dear Sanjay Sir,
Against party is demanding for 14% service tax and also saying this is a part payment invoice so 14% would be applicable.
Sanjay sir what wiil be do for that case
Against party is demanding for 14% service tax and also saying this is a part payment invoice so 14% would be applicable.
Sanjay sir what wiil be do for that case
24 September 2015
Please mention:
Date of Completion of Service
Date of Invoice
And
Date of Payment.
Date of Completion of Service
Date of Invoice
And
Date of Payment.
24 September 2015
Date of Completion of service - services will be render in nov 2015
Date of Invoice-31-03-2015
Payment Date-29-03-2015
Payment - advance payment (200000)
Invoice received of advance payment(200000)
Date of Invoice-31-03-2015
Payment Date-29-03-2015
Payment - advance payment (200000)
Invoice received of advance payment(200000)
24 September 2015
For first payment 12.36% will be applicable.
24 September 2015
Dear Sanjay Sir,
They are demanding 14 %,
Give me some notification with 12.36% of part payment.
they have raised part payment invoice.
If we received advance then should we raise invoice of advance payment ya raise invoice of full service amount.
They are demanding 14 %,
Give me some notification with 12.36% of part payment.
they have raised part payment invoice.
If we received advance then should we raise invoice of advance payment ya raise invoice of full service amount.
24 September 2015
https://www.caclubindia.com/forum/files/555789_20150519213343_tru_letter.pdf
Check the last page from above file.
Since date of payment and date of invoice is before rate change. Old rate will be applicable for this part.
Check the last page from above file.
Since date of payment and date of invoice is before rate change. Old rate will be applicable for this part.
28 September 2015
Can vendor raise invoice of advance payment
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