Invoice

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Querist : Anonymous

Querist : Anonymous (Querist)

23 July 2011 We have dealing with work order contract. For running bills, payment is made against our system generated bills, on that contractor put his seal signature, our Engineer also put signature. This system generated bill is consist of this,uptodate and prevoius quantity and amount respectively.
We are deducting TDS and WCT.
Contractor is not submitting his valid Tax/Service Tax invoice. So I want ask under which law I can ask for valid Tax invoice and what are the benefits for asking Valid tax Invoice.

CMA Ramesh Krishnan

CMA Ramesh Krishnan (Expert)

23 July 2011 Generally Construction & work contract nature work,where the mile stone billing involved the Running account bill only can be raised and also the same certified by the contractee side engineer. in the running account bill need to mention TIN number, service tax number is enough and also need to be mention the tax portion on the bills

Querist : Anonymous

Querist : Anonymous (Querist)

23 July 2011 If this the case of Final Bill then...

CMA Ramesh Krishnan

CMA Ramesh Krishnan (Expert)

23 July 2011 yes. final running bill also can be the same format. but condition need to be mentioned TIN /Service tax numbers

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