20 April 2009
if a service provider received advance as a professional fees in march for the work which is to be done in next year and fees also not decided . whether any service tax liablity.
20 April 2009
Yes. Service tax is payable on advance payments. the liability arises on the date when service provider receives the payment. The payment which u receive should be considered as including service tax and the tax should be paid according to the rate applicable during that time
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