whether credit amounts to payment
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
29 March 2010
In business parlance, first the parties bills are credited in the accounts and actual payment is made later by cheque or any other mode.
In such circumstances, which stage shall constitute payment for discharging service tax liability?
The basis of above query is that in the month of march,2010, all transporters bills are being accounted for and the actual payment shall take place later. So in march, service tax is payable on the actual payment amount or on bill amount credited also.
In such circumstances, which stage shall constitute payment for discharging service tax liability?
The basis of above query is that in the month of march,2010, all transporters bills are being accounted for and the actual payment shall take place later. So in march, service tax is payable on the actual payment amount or on bill amount credited also.
30 March 2010
would be better to pay service tax in credit given month.
Querist : Anonymous
Querist :
Anonymous
(Querist)
30 March 2010
Dear mr. expert it is not a matter of betterment, exactly what is the legal requirement.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Inventory of finished goods
- Disallowance of Section 43B(h) to sez units
- REGARDING 25 AS DATE OF PAYMENT AND DATE OF BOOKING
- Sale of property furniture sale
- Clarification on Documentation of Paid-Up Capital Contribution by Directors
- Confusion around Form 26QB fields
- RCM INVOICING FROM NOV-2024
- GST Regis.
- Quiery in relation to GST liability in case of an advocate who has obtained GST registration.
- Tds on building rent monthly
- As per schedule III of balance sheet how to pass journal entry
- Is correct way to find out capital of individual on 31st March
- Individual capital equal to which assets of balance sheet
- LAST YEAR 2022-23 ITC IN NEXT YEAR 2023-24 REPORITNG IN GSTR-9
- MIS MATCH OF INVOICE NUMBER
- IGST Credit-Show cause notice issued-confusion
- Issue of gst e invoice
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
- 133(6) DIN INVALID format error - ->WHERE TO REPLY 133(6) notice?
Trending Online Classes
CAclubindia
