WHETHER SERVICE TAX IS PAYABLE ON ADVANCE PAYMENT MADE PRIOR TO THE DATE ON WHICH THE SERVICE WAS BROUGHT UNDER THE NET OF SERVICE TAX?

WHETHER SERVICE TAX IS PAYABLE ON ADVANCE PAYMENT MADE PRIOR TO THE DATE ON WHICH THE SERVICE WAS BROUGHT UNDER THE NET OF SERVICE TAX? https://www.taxtmi.com/article/detailed?id=212 The operative legal principle is that service tax liability arises only from the date a service is statutorily brought within the charge; payments received and services rendered prior to that date are not rendered taxable by a subsequent submission of a final report. Documentary proof of award and receipt of payment before the charge date is determinative, and because service tax is an indirect tax the provider cannot be compelled to absorb tax on transactions completed and paid before levy. en-us Mon, 27 Oct 2008 00:00:00 +0530 Mon, 27 Oct 2008 17:47:29 +0530 TaxTMI RSS Generator WHETHER SERVICE TAX IS PAYABLE ON ADVANCE PAYMENT MADE PRIOR TO THE DATE ON WHICH THE SERVICE WAS BROUGHT UNDER THE NET OF SERVICE TAX? https://www.taxtmi.com/article/detailed?id=212 The operative legal principle is that service tax liability arises only from the date a service is statutorily brought within the charge; payments received and services rendered prior to that date are not rendered taxable by a subsequent submission of a final report. Documentary proof of award and receipt of payment before the charge date is determinative, and because service tax is an indirect tax the provider cannot be compelled to absorb tax on transactions completed and paid before levy. Articles Service Tax Mon, 27 Oct 2008 00:00:00 +0530 https://www.taxtmi.com/article/detailed?id=212