ANKSS (CA) (151 Points)
12 April 2011In Service Tax Return what is difference between'
1) Gross amount received in money and
| Gross amount for which bills/invoices/challans are issued relating to service provided/to be provided (including export of service and exempted service) |
Harpreet
(* * * * * *)
(1670 Points)
Replied 12 April 2011
Basically as we all know service tax return file on half yearly mode. Gross amount received in money mean to say that how much fund you (company/firm) have received for which you are filling the return whether pertain to any Financial Year and gross money = Fund (in bank) + TDS (which customer has deducted).
And Gross amount for which bills/invoices/challans are those for which you have made invoices and given to your customers for current half year for which you are filling the return.
I think now you will get it
Pinky Agarwal
(Chartered Accountant)
(426 Points)
Replied 12 April 2011
Gross money received will be details regarding Receipts whether against bills or in advance and 2nd is your billing details that is total amount of bill raised by you in that period..
FinsQ
(service provider)
(54 Points)
Replied 27 May 2012
1) Gross amount received in money= total receipt
2) Gross amount for which bills/invoices/challans are issued== bill raise
both above include any advance rceipt or billing....!!
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