Deposition of Service tax

[Guest]

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.

[Guest]

service tax is applicable on total collection of your service bill, if you are receive payment month wise then you have to pay s.tax month wise otherwise its quaterly .

[rishi mohan]

as per FAQ dated 05-02-2009, the service tax is to be deposited on a monthly basis.

AI Summary

Service tax deposit frequency: follow collection timing, with administrative guidance favoring monthly deposits for registered providers. Service tax applies to total collections from taxable services and is payable in the period in which consideration is received; payments received monthwise require monthly deposits, while aggregated quarterly collections may support quarterly deposits. Subsequent departmental FAQ guidance dated 05-02-2009 directs monthly deposits, indicating an administrative preference for monthly payment cycles for registered service providers.