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.

Answer / p.subramanyeswara rao

service tax payable after received the payment against that
particular issued invoice.

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

Answer / navin kumar

No servise tax payable becouse when we Actual payment
ricieved then we laible pay the service tax.

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.

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.

what the meaning of tax

2 Answers  

What are the documents to be sent along with the stock sent by courrier to other branch. Its only internal transfer. Will it be enough if we dispatch by Delivery challan?

1 Answers  

In Indian Taxation point of view, what you will look into a payment or what is to be observed while making a payment.

2 Answers  

Dear All, My query is related to capital gain on house property. If a pair of husband and wife have four houses in joint name comprising three residential house and last one is commercial property. Now question is that if they sold all property for Rs. 1.00 Crore and took a new residential property for Rs. 1.25 Crore. So are they eligible to full tax exemption u/s 54 and 54 f and they had to not pay any amount of Income tax? And they have also taken a Rs. 25.00 Lacs housing loan to invest the last one. So are they can take deduction u/s 24B and 80C as well? Please note that they have all property in joint name and share is 50% of each. Please guide me for this.

1 Answers  

Physician samples should be charged under CST @ 5% manufactured in H.P. and transferred to other states

0 Answers   KPMG,

what do u mean by excise duty?

2 Answers  

TDS IS TO BE DEDUCTED ON WHICH AMOUNT - THE INVOICE AMOUNT OR THE INVOICE AMOUNT PLUS TAXES (SALES/SERVICE TAX)?

3 Answers   Progressive,

How to calculate sales tax ?

0 Answers   HiTeam,

My Question is regarding WCT. During an audit of a company, i saw a contractor consolidated invoice for installation at site in which it shows labour charges and goods supply separately and no service tax and vat is charged. The company pay the whole amount to contractor after deducting TDS. my question is whether WCT also deducted? if deducted at which rate if company in gurgaon?

0 Answers  

If we got a printing jon we are adverstising firm for that we purchase paper from local dealer which contain vat 4% now when i bill to the person from whom i got a priniting job what should i consider this as service or sale and what tax i charge, i don't have vat no. but i have service tax no.?

0 Answers   iNova,

What is Advance Payment of Tax?

2 Answers  

what is the deffirent between TDS & TCS

5 Answers