https://www.taxtmi.com/forum/issue?id=2304 Service tax liability arises on the receipt basis and valuation is computed on the gross amount received; tax is payable proportionately on any part payments received. Tax must be deposited (with interest for delays) and shown in the service tax return for the period when the amounts were actually received, and the same approach applies to subsequent receipts. en-us Thu, 21 Oct 2010 16:30:50 +0530 Thu, 23 Jan 2025 15:58:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=2304 Service tax liability arises on the receipt basis and valuation is computed on the gross amount received; tax is payable proportionately on any part payments received. Tax must be deposited (with interest for delays) and shown in the service tax return for the period when the amounts were actually received, and the same approach applies to subsequent receipts. Discussion-Forum Service Tax Thu, 21 Oct 2010 16:30:50 +0530 https://www.taxtmi.com/forum/issue?id=2304