29 November 2012
IF ANY EXCESS AMOUNT IS RECEIVED AGAINST BILL AMOUNT, THEN IS IT COMPULSORY FOR SERVICE PROVIDER TO RAISE BILL FOR THAT EXCESS AMOUNT?
29 November 2012
No it is not necessary to raise another invoice. Instead, the service provider is required to pay service tax on that extra amount also. However, if the extra amount received is Rs. 1000/- only that it is upon service provider whether he pay service tax upon this amount this time or later.