26 April 2014
one of our customer charge ST @12.36% on Bill discounting , the Audit party disallow the credit we have taken on discounting. the base of Disallowing credit is as this is not input services so we can't take credit , your expert opinion is awaited.
26 April 2014
why are u refuse your credits? reasons
1. my opinion your bill refuse due to invoice not correct as per 4A + 4B rules.
2 ask audit party superintendent and personally meet and discuss your audit party assistant commissioner for reasons are correct and why are u dissolved for credit and it is correct.
CAclubindia
