Billing details tax invoice

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

15 April 2015 Suppose a buyer got an Invoice in which TIN of Buyer not mentioned , but all the details company name & Address mentioned, can he get the tax credit on said bill.

CA John Abraham Austin ACA

CA John Abraham Austin ACA (Expert)
Follow

15 April 2015 No. In order to avail the credit, the instrument (invoice) should be complete in all respects. It is an inevitable detail in Tax Invoice to have the 'Taxpayer's Identification Number' of both the buyers and sellers to be treated as a 'proper' Invoice.

CA John Abraham Austin ACA

CA John Abraham Austin ACA (Expert)
Follow

15 April 2015 If possible, try to get the invoice corrected so as to get the credit.

Querist : Anonymous

Querist : Anonymous (Querist)

17 April 2015 thank u sir,
further , same things is also applicable in Service Tax Bill, should service tax no. of service receiver mentioned on Tax bill.
and 2nd - we get the tax credit on Mobile bills, internat bill, telephone bill. but in said bills buyer ser.tax. no. not mentioned .

please reply

CA John Abraham Austin ACA

CA John Abraham Austin ACA (Expert)
Follow

17 April 2015 It must be there if you check thoroughly.

Service Tax details in Sales Tax bill and vise versa is optional in the bill. But good if you mention.

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now