Impact if payment of invoices raised till 30jun are not made
This query is : Resolved
28 June 2017
Hi Experts,
Please advise what will be the impact if any invoice is raised before 30-Jun-2017 for services provided and service tax charged in the bill but the client denied the payment of these bills. Is there any time limit to get credit/refund of service tax charged in the bill but not payment not received from the client?
Thanking you in advance.
Ramesh
Please advise what will be the impact if any invoice is raised before 30-Jun-2017 for services provided and service tax charged in the bill but the client denied the payment of these bills. Is there any time limit to get credit/refund of service tax charged in the bill but not payment not received from the client?
Thanking you in advance.
Ramesh
28 June 2017
Service tax refund can't be claimed for bad debts.
Message likes :
2 times
28 June 2017
Thanks Sir. Can we raise credit note against that invoice and can get liability of service tax reduced to that extent?
28 June 2017
Credit note can't be issued for bad debts.
Message likes :
1 times
28 June 2017
Credit note can't be issued for bad debts.
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
- ITR filing- non tax audit cases- Asstt.Year 2026-2027
- Soyabean hsn code and gst rate
- Treatment of Pension ?annuity returns on PMVY
- NON- SUBMISSION OF LLP FORM 3
- Last year TDS Claim
- Long Term Service award taxability in hands of company
- AY 26-27 ITR-4 FILING U/S 44-ADA
- Plot of land. Cost of Acquisition
- Free lancer income
- TDS related Query_Liquidated Damages
- Form 27Q Correction statement taking too long to update on IT Portal
- ITR selection for salaries and capital gain less than L
- Showing Gift from relative in ITR for this year
- Gst invoice numbering and delivery challan numbering
- Standard Deduction claim for EPFO Pension and ICICI Prudential Life Annuity
- Small dealers gst returns filing
- Sales amount in Gstr1
- CG after sale of flat
- E Commerce GSTR1 & 3B how to file
- GST Cancellation without jurisdiction
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
