Tax Deposit
This query is : Resolved
17 February 2009
Dear Sir,
Is service tax also pay monthly as sales tax when our ternover incresed.
If yes pls describe limit of ternover
Harish
09313022338
Is service tax also pay monthly as sales tax when our ternover incresed.
If yes pls describe limit of ternover
Harish
09313022338
17 February 2009
Periodicity for payament of service tax depends on the status of the assessee. Presently companies has to pay monthly and proprietory firms has to pay quarterly.
18 February 2009
Proprietorships and Partnership firms have to pay service tax quarterly and "rest all the assessees" have to pay it monthly.
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