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<h1>Service Tax on Telephone Bills: Levy Based on Received Amounts, Not Billed; Emphasizes Timely Crediting and Reconciliation.</h1> The circular addresses issues related to the collection of service tax on telephone services. It clarifies that the service tax should be levied on the value of telephone bills received during the month, rather than billed amounts, and emphasizes reliance on the Telecom Department's financial control system for reconciliation. Additionally, it specifies that the date of crediting service tax to the Central Government should be the first date of book transfer in the Secondary Switching Area's cash section. Commissioners of Central Excise are advised to prescribe a document for calculating penalties and interest related to delayed crediting.