Input credit setoff - urgent

This query is : Resolved

Rakesh (Querist)
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15 April 2014 My client had raised credit bill in the month of November 2013 for the services provided in the FY 2011-12, the service tax rate was 10.36%, now how shall i show while filing ST return as it is 12.36% at present and i don't find coloumn to adjust it.

I tried to take net services provided for the month of November, however tax liability will vary.

Thanks with regards
Rakesh

MJ Krishnamurthy

MJ Krishnamurthy (Expert)
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16 April 2014 Although the services were rendered in FY 2011-12,if the invoice is raised now the current rate of tax has to be applied.If the invoice is raised at the old date,it can not be claimed now,as the old return can not be revised at this later date......mjk