22 December 2010
DEAR ALL, THANK YOU VERY MUCH FOR YOUR KIND CO-OPERATION, PLEASE GIVE AN INFORMATION HOW I COMPUTE MONTHLY SERVICE TAX PAYABLE. PROLAY DUTTA ACCOUNT EXECUTIVE
27 December 2010
Mr. Dutta, Monthly service tax is payable only to an assessee who is registered under Companies Act 1956 otherwise it quaterly. Service Tax payable on Gross amount received including advace. But excluding a) exempted services b) export of services and c) if any abatement, after adjusting Cenvat Credit available in relation of that service only. Hope it is clear to you, Thanks, S. Banerjee
CAclubindia
