requirement of filing return?

This query is : Open

puneet mohan (Querist)
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15 March 2010 whether requirement of filing service tax return FOR THE FIRST TIME is on accrual basis or receipt basis.

For eg.
In all FY before 8-9 receipt is lower than 9,00,000.

In FY 8-9
commission accrued : 10,50,000/-
commission received : 6,00,000/-

Is registration or filing return compulsory for the FY 8-9

CA Gangadhar Mishra

CA Gangadhar Mishra (Expert)
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15 March 2010 Service tax is applicable based on Gross services rendered > 10 lacs, but ST is to be paid on receipt basis. but for the applicability of the ST Act, it is accrual basis.

puneet mohan

puneet mohan (Querist)
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19 March 2010 thank you sir

also specify whether in the above case service tax registration is compulsory.

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