TaxTMI 
TaxTMI 
Service Tax on payment basis
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....ervice Tax on payment basis<br> Query (Issue) Started By: - RAM NAUDIYAL Dated:- 19-10-2012 Last Reply Date:- 25-10-2012 Service Tax<br>Got 3 Replies<br>Service Tax<br>Dear Experts, A service tax liab....
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....ility arises when a service receipient make a payment. It means a Service receiver is liable to pay tax when he will make a payment. Am i write. Pl advice. Thanks Reply By JAMES PG: The Reply: In ....
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....case of reverse charge mechanism, service receiver is liable to discharge ST liability when he makes payment or within six months from the date of the Invoice of the service provider, whichever occurs....
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.... first Reply By Pradeep Khatri: The Reply: Correctly answered by Mr. James. Reply By vijay kumar: The Reply: Liability arises in the month of payment. Tax is to be paid by 6th of the following mon....
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....th, failing which it has to be paid with interest. However, this is when the payment is made within 6 months from the date of invoice issued by the service provider. If not, the point of taxation has ....
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....to be determined in terms of Rule 3 of PTR, 2011. In my view, "whichever occurs first" has no meaning in this context.<br> Discussion Forum - Knowledge Sharing ....