Dear All
My company is selling goods all over India & pays the transportation charges for dispatching the goods to customers.Now the situation is that goods is delivered on 25th July to our customer but we received the lorry receipt as a proof of delivery on 6th August.Now since payment of service tax on the GTA service is ours,& the goods delivered in July.
So, kindly advice me in which month liability for Service tax arises as now we have to give service tax on bill basis instead of payment basis.
I my view we can't delay in entry on the point that we are receiving the LR copy after 10 days & so we are doing entry in the date on which the goods are delivered to customer & depositing service tax with late fine.
Please advice.
CAclubindia
