Service tax payable

This query is : Open

Shamsheer (Querist)
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17 June 2014 Dear All,

Service tax should be paid upon raising the invoice or upon reciept of payments?

I am seeing people suggesting both the ways. Hence I would like to have an expert advise.

Thanks in Advance.

Nikhil Kaushik

Nikhil Kaushik (Expert)
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17 June 2014 after introduction of point of taxation rules implementation, the service tax becomes due on invoice basis...

Shamsheer

Shamsheer (Querist)
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17 June 2014 Thank you for the quick response.

But I have one more doubt on it. If the receivable amount becomes a bad debt, or any deduction on already raised invoice, then can we claim for the service tax we already paid?

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