TaxTMI 
TaxTMI 
Taxability on Internet Telephony service
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....axability on Internet Telephony service<br> Query (Issue) Started By: - Swagata Dated:- 28-4-2006 Last Reply Date:- 28-4-2006 Service Tax<br>Got 1 Reply<br>Service Tax<br>A company has collected servi....
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....ce tax on Internet Telephony for all these years and has now come to know that service tax is applicable on this service only from 1st May 06. Now, a part of the amount collected has not yet been depo....
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....sited. 1) Should this amount be refunded to the customers or paid to the Service Tax Deptt. 2) As service tax is deposited on collection basis, for the debtors still outstanding, should the service ta....
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....x portion be collected at all or can revised invoices be raised, nett of service tax, even for prior years? Reply By Surender Gupta: The Reply: For the amount not deposited with the department, you h....
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....ave both the options either to deposit or refund to the customers. However, in the present case, to avoide the litigations in future in respect of proportionate value of services, you are advised that....
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.... instead of refund to the customers, deposit the same with the revenue.<br> Discussion Forum - Knowledge Sharing ....