Service tax
This query is : Resolved
21 October 2013
Dear Sir,
I want to know about that Suppose I made a sale of rs. 120 inclusive of service tax of rs. 20 & gross sale of rs. 100 & We received a cheque of rs. 120 but due to insufficient balance cheque had dishonoured & we paid service tax output to cbec,& buyer denied to make payment, it is our bad debts, so can we claim for service tax or set off service tax./
I want to know about that Suppose I made a sale of rs. 120 inclusive of service tax of rs. 20 & gross sale of rs. 100 & We received a cheque of rs. 120 but due to insufficient balance cheque had dishonoured & we paid service tax output to cbec,& buyer denied to make payment, it is our bad debts, so can we claim for service tax or set off service tax./
21 October 2013
Hi
Since services has been provided you are required to pay Service Tax on the same & it is your Bad Debt you can not adjust.
Thanks//VaibhavJ
Since services has been provided you are required to pay Service Tax on the same & it is your Bad Debt you can not adjust.
Thanks//VaibhavJ
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