can anyone help in service tax part if we give a service on credit basis (Credi

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

Question Posted / hreddy83

1 Answers
3924 Views
I also Faced
E-Mail Answers

can anyone help in service tax part if we give a service on credit basis (Credit invoice) how shou..

Answer / 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

More Accounting General Interview Questions

What are three sectors of Economy?

4 Answers DMRC,

The main objective of preparing a 'journal' is

2 Answers Tech Mahindra,

What is journal entry to create the Provision for Bad & Doubtful debts?

13 Answers ABS, Infosys,

what is the journal entry for bank reconciliation.

4 Answers Manisha Engimark,

What is tally and its features?

0 Answers

How would you encourage team building unit for effeciency in the office?

0 Answers FactSet Systems,

What is a Pay Group

0 Answers Accenture,

SIR HOW MANY FORM USE FOR COMMERCIAL TAX & WHAT IS THEIR USES. PLEASE GIVE YOUR SUGGEST

0 Answers

In Which Group "goodwill Written off account " will come?

2 Answers

hi friends... what it is the journal entry to be passed when the loan sanctioned by one bank and same the cheque was deposited in another bank on same day.? thanks & regards

6 Answers

Explain me how much mathematics knowledge is necessary or required in accounting?

0 Answers

What is the treatment of loan and its interest in trading profit and loss ,balance sheet

3 Answers

For more Accounting General Interview Questions Click Here