Our service provider raises the debit note for service tax amount for the prior period transactions (for past 4 years). The service tax amount comes around 7 Lakhs they did not collect the service tax for said period now they raise the debit note to us current date.
My Question is :-
- May we pay the above said amount to our service provider?
- If we pay the service tax amount to our service provider can we take the Cenvat Credit for current year?
- If we pay this, we have to deduct the TDS for service tax amount?
Kindly help to us for above
CAclubindia
