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Service Tax Payment

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Querist : Anonymous

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Querist : Anonymous (Querist)
10 June 2010 Hi Experts,

When to pay the service tax after raising invoice or after receiving chq. from party?

Help Me please

Warm Regards

Reddy

10 June 2010 After collecting the payment.
Please note if you billed Rs.11,030/- where your service billed as 10,000/- and S.Tax.@10.30% is Rs.1,030/- if you receive payment of 10,700/= as full and final settlement you can pay S.tax by making back calculation and your S.Tax payable amount will be 999/= instead of 1,030/=.

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Querist : Anonymous

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Querist : Anonymous (Querist)
10 June 2010 Thank you SaiBal




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