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service tax payment is on due basis

This query is : Resolved 

17 May 2008 hi all,

please let us know that, after the assent of the finance bill, service tax payment is on due basis like payment of sales tax and TDS and not on receipt basis.

please clarify on this?

thanks

17 May 2008 yes in sales tax you charged tax on sales whether you received money form customers or not you have to pay tax
what about tds you say if you deduct tax then you will pay tax on due date



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