INPUT CREDIT
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
28 June 2010
SIR
I HAVE A COMPANY WE PROVIDE 2 SEPERATE SERVICES.
1. THERE IS AN INPUT CREDIT OF RS 40 FOR 1ST SERVICE IN THE END OF THE MONTH.
2 THERE IS AN AMOUNT OF RS 100 PAYABLE FOR 2ND SERVICE IN THAT MONTH.
NOW THE QUESTION IS WHETHER WE CAN ADJUST THE INPUT CREDIT OF RS 40 AND PAY ONLY RS 60 FOR THE SECOND SERVICE.
I HAVE A COMPANY WE PROVIDE 2 SEPERATE SERVICES.
1. THERE IS AN INPUT CREDIT OF RS 40 FOR 1ST SERVICE IN THE END OF THE MONTH.
2 THERE IS AN AMOUNT OF RS 100 PAYABLE FOR 2ND SERVICE IN THAT MONTH.
NOW THE QUESTION IS WHETHER WE CAN ADJUST THE INPUT CREDIT OF RS 40 AND PAY ONLY RS 60 FOR THE SECOND SERVICE.
28 June 2010
YES
Message likes :
1 times
Querist : Anonymous
Querist :
Anonymous
(Querist)
29 June 2010
Thank you Sir. But the department says you can not adjust this. So is there any rule or section to justify our stand on this adjustment.
Thanking You
Thanking You
29 June 2010
The department's stand is not supported any law.
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