As we know that from June 2015 onwards there is no 2% and 1% cess to be charged. But in case any entity already having balance in Service tax receivable account for Cess, then how it can be adjusted in future with ST liability?
2 Replies
Kashish Gupta
(B.com (H) , ACA)
(368 Points)
Replied 15 June 2015
As on date, de[artment has issued notification on this for Excise part only.
Wait till it is notified for service tax.
Ashok J
(CA Final)
(880 Points)
Replied 15 June 2015
HI
Can you pls tell us what the notification says??
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