amit Sukh (Accountant) (28 Points)
23 July 2009During the Year 2008-09 Service Tax was deposited on Due basis. Return of first half based on due basis was filed on 22 oct' 2008 within due date, Second half return has not filed till date.
Shall we file return based on receipt basis and availed credit of service tax paid in excess of received?
RITESH KOTHARI
(B.COM, FCA, DISA(ICAI))
(778 Points)
Replied 23 July 2009
SERVICE TAX HAS TO BE DEPOSITED ON RECEIPT BASIS ONLY.U CAN DO SO BUT ALONG WITH THE SERVICE TAX DEPOSIT PENALTY FOR LATE FILING OF RETURN ALSO
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