Dear All,
I have a advertising firm . I have added a new service corporate training which we are providing in IT company's. After 8 month of billing i hvn't receive the payment from the company due to this i am not able to pay the service tax of two quarters which i charged in bills. beside this i have paid all service Tax charged on advertising bills. Now this is double burden two run the business and to pay the service tax ourself. Now i have two questions
There is any law in tax that we can get relief in penalty or interest on service tax charged and paid late due to late payment of company
If company not pays us the payment of particular bill and we have paid the service tax against that bill. There is any rule to recover that.