https://www.taxtmi.com/forum/issue?id=171 Service tax collected on Internet telephony before its effective applicability may either be refunded to customers or deposited with the revenue. The advising position recommends depositing the retained service tax with the revenue rather than refunding, to avoid future litigation over proportionate value of services and to mitigate dispute risk regarding outstanding debtors and retroactive invoice adjustments. en-us Fri, 28 Apr 2006 14:37:36 +0530 Thu, 23 Jan 2025 15:59:01 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=171 Service tax collected on Internet telephony before its effective applicability may either be refunded to customers or deposited with the revenue. The advising position recommends depositing the retained service tax with the revenue rather than refunding, to avoid future litigation over proportionate value of services and to mitigate dispute risk regarding outstanding debtors and retroactive invoice adjustments. Discussion-Forum Service Tax Fri, 28 Apr 2006 14:37:36 +0530 https://www.taxtmi.com/forum/issue?id=171