Accounting for advance paid to lebour & recover from contrac
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
20 October 2013
Dear Sir,
Fiscal Year 13-14,
Advance paid to Lebour( Contractor ) by company & recover from monthly Bill of Lebour Contractor,
Can i Book the Lebour bill including Service Tax & Raise Debit Note behalf of Contractor Including Service Tax on Advance
Sir,Pl Explain in details & Any Notification release by service tax.
Fiscal Year 13-14,
Advance paid to Lebour( Contractor ) by company & recover from monthly Bill of Lebour Contractor,
Can i Book the Lebour bill including Service Tax & Raise Debit Note behalf of Contractor Including Service Tax on Advance
Sir,Pl Explain in details & Any Notification release by service tax.
20 October 2013
if reversecharge applicable to you need to discharge service tax liability at the time of making advance payment
.
.
however it will be recovered from monthly on their bills ..
.
.
if reversecharge not applicable to you there is not problem at all,,just make advance payment entry,and later it will come down by their monthly bills
.
.
however it will be recovered from monthly on their bills ..
.
.
if reversecharge not applicable to you there is not problem at all,,just make advance payment entry,and later it will come down by their monthly bills
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- TDS 194-T applicability
- GST ITC REVERSE
- Fixe term employment
- Is any professional CA is here please reply
- Section 50-fixed asset-->building ceases to exist
- Withdrawal in cash from partners capital account by partner
- TDS on Complimentary "Desi Ghee and Gold Coin" Provided to KBC Contestants
- Putting a heading on received mail
- RCM ISSUE ON RENT AND TRANSPORTATION CHARGES
- Regarding Applicability of Tax Audit u/s 44AB
- Regime change
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
- STATUTORY AUDIT OF A SMALL PRIVATE COMPANY INCORPORATED ON 28.03.2025
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
- How to pay remaining amount of TDS after due date?
- Resigning a auditor from the company for misconduct
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
