Provisional deposit under Service Tax Rules: memorandum reconciling provisional and actual tax liabilities with payment reference details. Provisional deposit procedure requires a memorandum under the Service Tax Rules recording provisional value of taxable service, provisional tax paid with ... Summary
Provisional deposit under Service Tax Rules: memorandum reconciling provisional and actual tax liabilities with payment reference details.
Provisional deposit procedure requires a memorandum under the Service Tax Rules recording provisional value of taxable service, provisional tax paid with payment reference and date, and a reconciliation showing actual value and actual tax payable; it calculates the difference between provisional payment and actual liability and requires reasons for the provisional deposit and a separate sheet for each month.
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