Company A - main activities are a) repairs and services in which they use some spare parts and b) selling spare parts. Various bills are combined in which sale of services and sale of goods are mention. A single customer may have various bills of sale of goods and services.
It is not possible for company to maintain the track of payment received for goods or services. The company on monthly basis deposits service tax on the basis of bills issued during the month (payment received in next month or not received). Whether the same is acceptable to department?
CAclubindia
