we are N.G.O. registerd under co-operativ society. we are rgisterd with service tax department and raising our services bill in qtr. basis. we have to deposit our service tax monthly or qtrly.
Deposition of Service tax
Guest
NGO Queries Service Tax Deposit Frequency; Responses Suggest Monthly or Quarterly Based on Payment Receipt Timing An NGO registered under a cooperative society inquired about the frequency of depositing service tax, given their quarterly billing cycle. One respondent advised that service tax should be paid based on the frequency of payment receipt-monthly if payments are received monthly, otherwise quarterly. Another respondent referenced a FAQ dated February 5, 2009, indicating that service tax should be deposited monthly. (AI Summary)
TaxTMI
TaxTMI