Impact if payment of invoices raised till 30jun are not made

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Ramesh (Querist)
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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

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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28 June 2017 Service tax refund can't be claimed for bad debts.

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Ramesh

Ramesh (Querist)
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28 June 2017 Thanks Sir. Can we raise credit note against that invoice and can get liability of service tax reduced to that extent?

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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28 June 2017 Credit note can't be issued for bad debts.

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CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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28 June 2017 Credit note can't be issued for bad debts.

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