Hello Caclubindia,
i want know that when will my service tax liability on GTA services will arise.
Date of payment : 21/04/2012
Date of Service : 28/03/012
Date of Invoice 31/03/2012..
thanks in advance.
Regards
navin.
navinkumar naicker (Article) (419 Points)
28 May 2013Hello Caclubindia,
i want know that when will my service tax liability on GTA services will arise.
Date of payment : 21/04/2012
Date of Service : 28/03/012
Date of Invoice 31/03/2012..
thanks in advance.
Regards
navin.
Sumit Grover
(Chartered Accountant )
(3652 Points)
Replied 28 May 2013
Assuming the you are the receiver of GTA service...and liable to pay under reverse charge mechanism...
The POT shall arise in the month of April'12(21-Apr-2012)....and payment needs to be made by 5th/6th May'12....
Since the payment has been made within 6 months from the date of invoice....
{Amended Rule 7 of POT,2011)
CA Mukesh Choudhari
(xyz)
(153 Points)
Replied 29 May 2013
Sumit Grover
(Chartered Accountant )
(3652 Points)
Replied 29 May 2013
satya
(Executive Excise)
(1839 Points)
Replied 29 May 2013
I also agree with Sumit Grover's openion,