Service tax payment
This query is : Resolved
21 February 2015
suppose i paid service tax of a month and thereafter any bill cancelled of that period , now my question is how can i adjust in tally of service tax payment so that no diff show in debit
& credit entry ?
eg: service tax (cr). 40000
service tax pay(dr).40000
now , after cancellation of bill
service tax(cr). 38000
service tx paid(dr) 40000
diff. amount. 2000
Rajesh Sharma
(Expert)
21 February 2015
As per Service tax Rules, in case cancellation or change in invoice, the same can be adjusted in the books once the debit/credit note is raised. In your case because of cancellation there is an excess payment of Rs. 2000/-. Kindly adjust the same while making the payment for next month i.e. if the liability is Rs. 12000/-, make the payment of Rs. 10,000/-.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Opting out" of regime provided under subsection (1A) of Section 115BAC but Form 10IEA is not filed.
- "Please ensure that the Total of the Deductions u/s 54F match the same in Table D in Sch CG"
- Need to correct "Whether it is last installment " response in Form 26 QB
- " Income from House Property " in joint names of co-owners
- REGARDING TDS RETURN OF FORM 27Q
- Notice under e-Verification Scheme
- GST demand notice for ITC reversal against exempted supply.
- RCM ON SECURITY CHARGES FROM INDIVIDUALS
- How to get money back from delisted company
- ITC not to be taken in accounts & GSTR-3B
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
