When we pay tax and fill the return

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

09 February 2013 Suppose we made bill on 20th sept 2012 but payment recd 17 dec.2012 what is the date for deposit of service tax . or if party deduct amount without debit note how can we recover service tax. and when we paid tax 5th oct 2012 or 5th of janu 2013

Rajnish Singh

Rajnish Singh (Expert)
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09 February 2013 Dear Sir,

According to rule of Point of Taxation. following Points has to remeber regarding despose the tax liability.

@ Invoice should be raised with in 14 Days after the complition of project.

@ Tax should be payable on the following date. Invoiceing or Payment Recd whichever is earlier.

so in this case your liability generate on oct'12 and it was discharged by 5th of Nov'12.

your second point is not getting, pls clear.

Thanks