TMI BlogAssociated EnterprisesX X X X Extracts X X X X X X X X Extracts X X X X ..... Dear Sir, We have been provided design and Drawing by our Customer for manufacturing of Final product. Paying royalty thereon . At the time of year end we take provision of royalty payable . Service Tax is paid at the time of payment of Royalty . Department view is that the said party is covered under Associated Enterprises as per section 92A of Income Tax . As associated Enterprises has th ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... e same meaning in ST as assigned in IT. Hence service tax is payable at the time of provision of service not at the time of payment. Please give your kind advise. Regards Pradeep Jain - Reply By DIPAK K - The Reply = Dear Sir please provide the following information for correct reply:-1. Description/name of service. 2. Location of service provider. 3. Date of payment of value of service. Thank ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... s - Reply By Pradeep Jain - The Reply = Dear Sir, Thanks for quick response. As desired details are as under:- Description of Service - Royalty Location of Service Provider :- USA Date of payment of Service :- 3-4 month from the date of provision. Going on Since 2010-11 Regards Pradeep - Reply By DIPAK K - The Reply = Dear sir associated enterprise has the same meaning as given in sec ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... tion 92A of IT Act . But as per rule 7 of POTR 2011 , service tax is required to be paid at the time of payment of service value. - Reply By DIPAK K - The Reply = Dear Sir. To avoid any dispute it is advisable that the payment of service value may be made within three months (6 months up to 30-9-2014). - Associated Enterprises - Query Started By: - Pradeep Jain Dated:- 8-11-2014 Service T ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ax - Got 4 Replies - Service Tax - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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