Credit notes to clients
This query is : Resolved
YOGESH GUPTA
(Querist)
20 December 2008
We have finalised and submitted the half yearly return but for certain services we have to issue credit notes to clients.
What would be treatment of credit notes against services to clients
Regard
What would be treatment of credit notes against services to clients
Regard
26 December 2008
Even though you have finalised the half yearly return, but still there is provision of filing revised return which can be filed within ninety days from the date of filing original return. In case the credit notes are to be issued in the next half then the assessee can adjust the credit note amount with service tax against the output service tax payable.
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