advance payment

[sukhvinder singh]

De ar All,

Please clear the aspects of the payment made in advance by the service receipent , can it treated as advance payment as provided under sub rule 1(a) of rule 6 of service tax rule 1994

thanks

AI Summary

Advance Payments Under Rule 6: Service Tax Applies to Advance Payments, Notify Range Superintendent as Required. A user inquired whether payments made in advance by a service recipient are considered advance payments under sub-rule 1(a) of Rule 6 of the Service Tax Rules, 1994. A respondent confirmed that such payments are indeed treated as advance payments under the specified rule, and service tax must be paid accordingly. The respondent also noted that the necessary intimation regarding the advance payment should be provided to the Range Superintendent.