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Input credit of service tax
good evening all, dear experts the whole senerio is that I am working in a co. which engaged in business of clearing and forwarding of shipments. now I got an invoice DT 5th april from shipping line which is inclusive of service tax. but the job against which I got that invoice had been completed in march and we have been raised invoice to our customer in march ag.said job. now my query is that can we book this invoice DT. 5th April in march because income against said exp already booked in march and also can we take input credit of service tax in March as well. the thing to keep in mind is that exp. invoice I got against said job is of dtd. 5th April. please show me light in this regard. thank you all in advance.
Replies (2)
TRANSPORTATION OF GOODS BY RAIL
Hello Dear... though you received bills in the month of april for the month of march 14 and u already raised bills on your customer in March 14... u can do as follows
if we assume that your books not yet closed as on date....then
1. for diff amount raised debit note on customer
2.For SERVICE TAX:- If service tax paid by u withough adjusting this paid ST ag shipping bill. u can consider the same in your tally and me be refund will be there. The same you have to show in qtrly return. Therefore need not worry if u receive bill next FY.
payment of service tax you have receive the service from shipping line which you have to adjust in your return
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