23 June 2016
We have issued a Service Tax Invoice in the year 2013-14 with the Service Tax Rate @ 12.36%. The Customer has not paid the bill amount till date. We have already paid the Service tax as per the Invoice Issued. Now customer is asking for a current dated invoice for the same for making payment as they have not accounted the old invoice. Is it possible to get us the Credit of the Service Tax which we have paid against the Old Invoice? How can we take the credit of it ? How can we adjust that Service Tax amount in current year?
Customer says in the current year we can take the Credit of the Tax amount which we have paid in the year 2013. Please advice.
CAclubindia
