04 May 2013
adjustment of service tax AGANIST CANCELLED BILL CAN BE ADJUSTED. in year 2012-13 we had paid the service tax on consultancy bill. but the thing is that bill was cancelled and we had also paid the service tax. can we adjust that amount with current payment of service tax.
04 May 2013
if i m wrong in understanding that you are providing consultancy, then correct me.
in case you were providing consultancy
as per rule 6(3) of service tax rules you can only adjust the excess paid service tax with the future payments, when you refund the amount of service tax along with the service value to the client.
25 December 2013
Here i would like to clear that bill is cancelled and services are not provided for that bill that amount can be adjusted against the subsequent payment other wise claim for refund.
CAclubindia
