Easy Office
LCI Learning

Impact if payment of invoices raised till 30jun are not made

This query is : Resolved 

28 June 2017 Hi Experts,

Please advise what will be the impact if any invoice is raised before 30-Jun-2017 for services provided and service tax charged in the bill but the client denied the payment of these bills. Is there any time limit to get credit/refund of service tax charged in the bill but not payment not received from the client?
Thanking you in advance.
Ramesh



28 June 2017 Service tax refund can't be claimed for bad debts.

28 June 2017 Thanks Sir. Can we raise credit note against that invoice and can get liability of service tax reduced to that extent?


28 June 2017 Credit note can't be issued for bad debts.

28 June 2017 Credit note can't be issued for bad debts.



You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries




Answer Query