Service tax deposited on unpaid invoice

K. Aparna (STUDENT) (43 Points)

26 June 2014  

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?