service tax is based on receipt system. A amt received on 31 march is to be deposited on 31 march itself. but how is it possible if i receive direct credit to my a/c on 31 march 5 p.m., i have already deposited the service tax before 5 pm.
due date for payment of service tax
CA Dheeraj Bansal (Chartered Accountant) (652 Points)
27 June 2010