For cancellation of invoice
This query is : Resolved
12 December 2012
Dear Freinds,
How i will adjust the Invoice and Service tax paid for invoice, as this invoice is now cancelled. And Please also tell me about revised Invoice on which basically paid service tax on a higher amount but now bill revised with a lower amount?
with Regards
Vishal Khamesara
How i will adjust the Invoice and Service tax paid for invoice, as this invoice is now cancelled. And Please also tell me about revised Invoice on which basically paid service tax on a higher amount but now bill revised with a lower amount?
with Regards
Vishal Khamesara
12 December 2012
Hi,
You can not cancel invoice dtirectly, you have to pass Credit Note, so that impcat of Sales & Service tax will be taken care.
Same method to be followed while re-issuing any invoice, cancel old invoice by passing CN, & re- isued invoice with new no. & date.
Thanks//Vaibhav
You can not cancel invoice dtirectly, you have to pass Credit Note, so that impcat of Sales & Service tax will be taken care.
Same method to be followed while re-issuing any invoice, cancel old invoice by passing CN, & re- isued invoice with new no. & date.
Thanks//Vaibhav
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21 December 2012
Hi,
That means i can take benefit of credit but only after credit note. Is there requirement of Debit not from such party? And the same entry will be reversed in month in which D/N received from party? How can we show this credit in the ST Return?
That means i can take benefit of credit but only after credit note. Is there requirement of Debit not from such party? And the same entry will be reversed in month in which D/N received from party? How can we show this credit in the ST Return?
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