Service tax invoice numbering query

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Vishal Sharma

Others

22 Points Posted on 31 January 2013

Hi I have just started my own new business related to Internet/Web services so i have already applied for service tax number and i have also received the number for same but one thing i want to know is about Invoice Number, i know that i have to start it with 01 and increment of 1 number of each bill but i have to provide the Computerized Generated Invoice receipt all i just want to know that can i follow the below format or not as i have also seen many Invoice Receipt with same format like this:

1) Invoice No: - CS.12-13/S-01 (Like CS for Computer Solutions Company, 12-13 may be year and S belongs to serial number)

2) Invoice No: - DEL/SEP12/01 (Like DEL- Delhi, SEP-September month, 12- Year 2012, 01 will be serial number)
Or any other you suggest

Or i just have to follow the same as like Invoice Manual Books like: - Invoice No. - 01

As i am new to this because it’s my new business so i want to be clear about the Invoice Number format
and also that i have to mention the Service Tax: 12.36% in separate parts like Service Tax, Education Cess & Secondary & Higher Edu. Cess.

And one more thing to submit the Service Tax to government is end of every month or quaterly

Please help me i appreciate if you help and sort my query as soon as possible

Thanks & Regards
Vishal Sharma

Replies (2)

Shobhit Goel

Chartered Accountant

86 Points Posted on 31 January 2013

Dear Vishal,

I have a suggestion for you with regard to your Invoice No.

In my view, you should follow the Invoice No. as CS/2012-13/01. or you may replace CS with your business name like if NET Communications Ltd, then, you may use NCL/2012-13/01.

And, Yes you should charge breakup wise Service Tax like Service Tax, Education Cess & Secondary Higher Education Cess. However, normally people doesn't use it breakup wise but we should use always breakwise because our act also suggest the same.

And, the last date of deposit of Service Tax for month/quarter is 5th day of the following month/quarter in which the payment received/service provided. However, for March month, the last date is 31st March.

Thanks,

Shobhit