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Question ID : 279

why cash system for service tax?

For all other tax ws mercantile system is followed,Namely, sales tax , VAT,Excise, come Tax etc.Then why cash system for tax payment for service tax only? If it is to save small assessees, it is high time to move to mercantile system sce small assessees are now exempt. '

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Posted by TONY.M.P. on Sep 18, 2005
Filed Under INDIRECT TAXES

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