Service tax deposited on unpaid invoice

Queries 640 views 4 replies

Hi,

  We are into rendering professional services. We raised an invoice and paid the corresponding service tax to the government. But later on found that the invoice was raised wrongly i.e as per terms of agreement invoice should have been raised only after completion of a certain job which has not yet been completed. Can this ST paid can be adjusted? Also what are the implications if no payment is received from the customer?

 

Replies (4)

Hi, In servie tax registration which taxable service i have to choose for Construction of apartments for resistancy and commercial. whether i have to choose work contracts or any other service. Pls reply to me 

@ aparna... yes you can adjust s.tax paid from your s.tax liab. of following months.
@ amala.... there is a category regarding construction of residential and commercial property, you should select that.

thanks Tribhuvan Aditya Singh


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