Interested to Buy Any Domain ? << Click Here >> for more details...
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.
- 6 Answers
- 12452 Views
- I also Faced
- E-Mail Answers
Answer Posted / 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 |
Post New Answer View All Answers
whether octroi service charge levied on entry tax? and is service tax levied on octroi service charge?
if i have a comany take contract from gvt. & i take contract from that company, & in his bill he show about all tax deduction ike IT, WCT etc, but material is purchase by that company not by us so here i want to know how WCT applicable? on total amount of contract or according to rule like material service & after adding all things??
Sir My, Que. We recived hotel housing & bording charges so i have dedu. tds when section
I want to do correspondence course related for taxation, where I can learn income tax, service tax, sales tax etc. Any one can suggest from which university can I do and name of the course also.
Pls.tell me some website name who display practical question & answers of accounting work. like tds, service tax entry and some more. also provide important knowledge of all taxes.
I want to know about the site where i can do online application for F form. Please suggest site address and procedure.
Central purchase is eligible for issuance of H form. Whetther H form can be issued against local purcahse also? What I came to know is : earlier H form can be issued against central purchase only, but after intoduction of VAT, department issued notification regarding issuance of H form against LOCAL PURCHASE also. Is it true? If true then please tell me about notification/ circular/ relevant section or law. Please look into the matter. Thanx n Regards
At present what is the rate of excise duty on sale of Weigh Bridge Machinery to out of state from Karnataka.
Beginning Balance, Dec. 31, 20xx Creditable Income Tax 211,829.00 Income Tax Payable (132,808.00) > Balance 79,021.00 ITR (1st Quarter) - Jan. 31, 2016 - Mar. 31, 20xx Normal Tax (30% of Taxable Income) 2,205.02 MCIT (2% of Gross Income) 7,865.71 Aggregate Income Tax Due (Normal Tax vs. MCIT whichever is hihger) 7,865.71 Less: Tax Credits/Payments Prior Years Excess Credits 79,021.00 Creditable Tax Withheld - 79,021.00 Tax Payable, per return (71,155.29) What should be the entry in my book to record the above transactions? Thank you!
why is service tax set off is consider while calculating wct tds
If we want to do online PT registration it starts from 2007-08. But our firm started 2005-06. What is the procedure? Manually we have to submit the documents. Can any one let me know.
is there any specific percentage related to lower tax deduction under tds
In India for various goods supplied Excise duties applied by suppliers on goods? How to check this.. Is there any website in
How should the personal assets of a salaried employee be shown in his books of accounts ?
How to working service tax in excel sheet?
