supplementary Invoice

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Sunil Kumar Shrivas

Job

79 Points Posted on 21 April 2009

hi,

As a service provider we had raised invoice in Nov -2008, but party had deducted amount due to short attendence in muster roll & paid us. Now it has cleared between us & agree to pay the deducted amount with requirement of new invoice(Supplementary Invoice). Here problem is created now that service tax rate has changed which is 10.30%. Should i raise invoice with current ST rate or older one. Please suggest how should i adjust it.

Replies (3)

Sunil Kumar Shrivas

Job

79 Points Posted on 21 April 2009

Originally posted by :Sunil
"	hi, As a service provider we had raised invoice in Nov -2008, but party had deducted amount due to short attendence in muster roll & paid us. Now it has cleared between us & agree to pay the deducted amount with requirement of new invoice(Supplementary Invoice). Here problem is created now that service tax rate has changed which is 10.30%. Should i raise invoice with current ST rate or older one. Please suggest how should i adjust it.	"

Madhukar N Hiregange

Chartered Accountant

33545 Points Posted on 21 April 2009

The rate of service tax applicable is the rate applicable when the service was provided. Give the link to the earlier invoice while rasing this invoice at old rate.

Varun Pandya

Practice

62 Points Posted on 22 April 2009

Originally posted by :Sunil
"	hi, As a service provider we had raised invoice in Nov -2008, but party had deducted amount due to short attendence in muster roll & paid us. Now it has cleared between us & agree to pay the deducted amount with requirement of new invoice(Supplementary Invoice). Here problem is created now that service tax rate has changed which is 10.30%. Should i raise invoice with current ST rate or older one. Please suggest how should i adjust it.	"