Issue of invoice - rule 4a

Save Share

This query is : Resolved

vishal (Querist)

24 February 2015 Rule 4A of service tax rules requires service provider should issue bill/invoice/challan. How a banking company comply with this statutory requirement. Whether sending monthly statement by Bank fulfill this requirement.

Nilesh

Nilesh (Expert)

03 March 2015 (1) Every person providing taxable service, not later than thirty days from the date of completion of such taxable service or receipt of any payment towards the value of such taxable service, whichever is earlier, shall issue an invoice, a bill or, as the case may be, a challan signed by such person or a person authorised by him in respect of such taxable service provided or agreed to be providedprovided or to be provided and such invoice, bill or, as the case may be, challan shall be serially numbered and shall contain the following, namely: -
(i) the name, address and the registration number of such person;
(ii) the name and address of the person receiving taxable service;
(iii) description and value of taxable service provided or agreed to be provided; and ) description, classification and value of taxable service provided or to be provided; and
(iv) the service tax payable thereon:

Except serial number.. you should mention all the details on bank statement

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now