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I have issued an invoice to a client in which i have
charged service tax but I have not received any amount
against that invoice. In this case when is service tax
payable.
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Answer / harrie007
the payment of service tax is based upon payment basis.
You have the liability to pay service tax only when u
receive the payment of the bill you issued to your client.n
the payment will be done on the 5th day (6th day in case of
e-payment) of the next month in which u recieve the payment.
| Is This Answer Correct ? | 9 Yes | 0 No |
Answer / p.subramanyeswara rao
service tax payable after received the payment against that
particular issued invoice.
| Is This Answer Correct ? | 5 Yes | 0 No |
Answer / akanksha jain
For Service tax taxable event is when it is incurred but
tax has to be paid only if amount is recieved.Even if
advance is recieced tax has to be paid at the rate of
advance recipt ehich can later be adjusted
| Is This Answer Correct ? | 1 Yes | 0 No |
Answer / navin kumar
No servise tax payable becouse when we Actual payment
ricieved then we laible pay the service tax.
| Is This Answer Correct ? | 1 Yes | 0 No |
Answer / atul nema
As per section 67 Service Tax is payable on the amount
RECEIVED for the service rendered ot to be rendered.
Amount received means sum collected in advance or after the
service rendered.
Condition precedent to pay service tax Gross Consideration
must have received.
| Is This Answer Correct ? | 0 Yes | 0 No |
Answer / naresh kumar golchha
we are in business of lease rent and we are raising
invoice in which we charge service tax.
for eg rent 100000.00
service tax 12360.00
total 112360.00
out of which we received only rs.1 lacs and party is not
giving the service tax amount. What is the liability of our
should we deposit the service tax on the amount we received
or should we do not deposit the service tax. and the party
also refused to give the service tax as they are saying as
service tax is not applicable on renting of immovable
property.
| Is This Answer Correct ? | 1 Yes | 3 No |
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Audit 
