If the Invoice is raised in May for Services to be provided in June, the rate of service tax applicable would be the rate on date of payment -
If the Invoice is raised in the month of May for services provided in the month of June, what would be the applicable rate of Service Tax? Would be...
Technically , service invoice is raised after providing the service to the customer. The service tax has to be deposited in the subsequent month generally by 7th. That means 12.36% has to be deposited in june.One has to raise genuine transaction invoice only.The customer accordingly deducts 2% tds on the service invoice while making the payment.
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