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Advance Payment made to Vender without payment of service tax with Advance

Service Tax - Started By: - vikram singh - Dated:- 26-7-2016 Last Replied Date:- 28-7-2016 - Dear experts,kindly guide, We paid 10% (on Assessable Value) advance to a party. but, the party asking for 10% on Gross value (including service tax) and say .....

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gard.RegardVikram - Reply By Ganeshan Kalyani - The Reply = The explanation to Point of Taxation Rules, states that wherever any advance by whatever name known, is received by the service provider towards the provision of taxable service, the point o .....

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