SERVICE TAX PAYMENT.

[DHARMENDRA SINGH]

Dear All,

Please give us suggestion for payment of service tax allow on billing or Payment receipt.

AI Summary

Service Tax Payment Timing: Clarified by Point of Taxation Rules, 2011-Pay on Billing or Payment Receipt, Whichever Comes First. A query was raised regarding whether service tax should be paid upon billing or upon receipt of payment. Four responses highlighted the importance of the Point of Taxation Rules, 2011. It was clarified that service tax payment is determined by whichever occurs first: billing or payment receipt. Respondents emphasized consulting the Point of Taxation Rules for guidance, as these rules govern the timing of service tax payments.