Tax Management India. Com
Law and Practice  :  Digital eBook
Research is most exciting & rewarding


  TMI - Tax Management India. Com
Follow us:
  Facebook   Twitter   Linkedin   Telegram
Discussions Forum
Home Forum Service Tax This
A Public Forum.
Anyone can participate to share knowledge.
We acknowledge the contributions of Experts/ Authors.

Submit new Issue / Query

Service Tax on payment basis, Service Tax

Issue Id: - 4835
Dated: 19-10-2012
By:- RAM NAUDIYAL

Service Tax on payment basis


  • Contents

Dear Experts, A service tax liability arises when a service receipient make a payment. It means a Service receiver is liable  to pay tax when he will make a payment. Am i write. Pl advice.

Thanks

Posts / Replies

Showing Replies 1 to 3 of 3 Records

Page: 1


1 Dated: 20-10-2012
By:- JAMES PG

In case of reverse charge mechanism, service receiver is liable to discharge ST liability when he makes payment or within six months from the date of the Invoice of the service provider, whichever occurs first


2 Dated: 20-10-2012
By:- Pradeep Khatri

Correctly answered by Mr. James.


3 Dated: 25-10-2012
By:- vijay kumar

Liability arises in the month of payment. Tax is to be paid by 6th of the following month, failing which it has to be paid with interest. However, this is when the payment is made within 6 months from the date of invoice issued by the service provider. If not, the point of taxation has to be determined in terms of Rule 3 of PTR, 2011. In my view, "whichever occurs first" has no meaning in this context.


Page: 1

Old Query - New Comments are closed.

Quick Updates:Latest Updates