A Company provides services for which proforma bill inclusive of service tax is first sent to the client. After the work (10-15 days) is complete, the company sends the final bill inclusive of service tax.
There isn't much difference between the proforma bill and the final bill. When should we book the service tax? On the date of proforma bill or the final bill?
Thanks
Final bill. Proforma bill is only an estimate.
final bill : eastimate bill should not be accounted i.e performa invoice
i am agree with mr nair
Thanks.....
Performa bill should not be accounted. Book service tax on final bill.
BANSAL YOGESH AND CO
Gautam Budh Nagar
B.Com
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Jawahar and Associates Chartered Accountants
Hyderabad
CA Inter
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CCI
Pro
CAclubindia
