Service Tax Payment

This query is : Resolved

Rajesh Dobriyal (Querist)
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26 August 2010 I am working in Service Providing co, i would like to know - How can i make ST payment at the time of billing or at the time of payment received from customer.
Pls suggest what is the best option. alos i need to take Input Service tax against my libility.

Thanks

CMA Ramesh Krishnan

CMA Ramesh Krishnan (Expert)
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26 August 2010 As per act Service tax need to pay , after receive the payment from customer only, the same can be suggested

Gagan Agarwal

Gagan Agarwal (Expert)
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27 August 2010 Mr. Ramesh is right.

However, in case you are providing services to associated enterprises, you need to discharge service tax liability as soon as you raise invoice on associated enterprise, even though no payment has been received.

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