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of <h1>Clarification on Service Tax Collection for Telephone Bills: Use Bill Value for Tax, Set Credit Date for Penalties.</h1> The circular addresses issues related to the collection of service tax on telephones, highlighting discrepancies between billed and collected amounts. It clarifies that service tax should be collected based on the value of telephone bills received during the month, with reliance on the Telecom Department's financial control system for reconciliation. Additionally, it specifies that the first date of book transfer in the cash section of the Secondary Switching Area (SSA) should be considered the credit date to the Central Government. This date will be used to calculate penalties and interest for delayed payments, with a prescribed document to accompany the process.
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