Collection of Service Tax on Telephones

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..... n this connection, certain difficulties have been pointed out by the Commissioners regarding collection of service tax on telephones. After considering the matter, the following clarifications are being issued : I. ISSUE - Difference between billed amount and amount actually collected It has been represented that there are difference between the amount of service tax to be collected (based on bi .....

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..... econciliation of service tax. II. ISSUE - Actual date of crediting of service tax to the Book account of the Central Government As per Section 68(2), the service tax collected during any calander month shall be paid to the credit of Central Government by 15th of the following month. Rule 6(1) of Service Tax Rules, 1994 says that Secondary Switching Area (SSA) shall deposit with the designated ba .....

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..... tries in Column No. 7 (Challan No. & Date) by this Annexure so as to calculate the penalty and interest, if any, by the date given in this column. ANNEXURE `A' S.NO. MONTH VALUE OF TAXABLE SERVICE SERVICE TAX @ 5% ACTUAL AMOUNT TO BE PAID ACTUAL AMOUNT PAID CHALLAN NO. AND ACTUAL DATE OF CREDITING OF SERVICE TAX DIFFERENCE BETWEEN 5 & 6 PENALTY OR INTEREST RECEIVED IF ANY. (1) (2) (3) .....

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