Reg proforma invoice
This query is : Resolved
10 December 2013
I have issued a proforma invoice to my customer. But the contract did not materialise & contract was cancelled before providing any service. Neither service was provided nor any advance was received. Now do I have to pay service tax because I have issued proforma invoice? (because under point of taxation rules, invoice includes any bill or challan)
Please reply as it is very urgent
Please reply as it is very urgent
10 December 2013
The ans is no as there is no service provided and there is no valid legal transaction incurred.
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