can anyone help in service tax part
if we give a service on credit basis (Credit invoice)
how should we pay service tax on invoice basis or reciept
basis
Answer Posted / krishnaveni
Service Tax is always payable on receipt basis. even in
case of credit sale (sale of service) the liability arises
when the payment recd.
Is This Answer Correct ? | 6 Yes | 0 No |
Post New Answer View All Answers
Expenses which are incured during the manufacturing are direct expenses.In that case,what are the direct expense in a trading firm where there is no production.Like salary, rent, electricity etc in a trading firm
Why in KE5Z report in SAP Accounting Data not found?
What is computerized accounting?
Differentiate accounting and auditing?
How to create a liability for Service Tax in SAP
cheque deposit is a contra entry?
Role-specific management accountant job interview questions:
what are the main important accounting entries for AP and AR ...
total assets are equal to total liabilities in final accounts ?why?
ram paid to cheque rs 25000/- for comission what is the entry in tally can in this entry tds will deduct then what is the entry in tally and which voucher
At the time of advance tds deducted 2% contract which was wrong but when we adjusting the adavace tds deducting 10% rent how can we adjusting that amount
What is the Technology used to carry out trades? Pls Tell me as early as possible.
What is an accounting transaction?
How did you chose your university?
Why we debit expenses and credit incomes ?