Service tax period for reversing the entry

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

06 February 2013 AS SERVICE TAX IS CHRGED ON INVOICE BASIS.

AND IF PAYMENT NOT RECEIVED WITHIN THE FINANCIAL YEAR
THAN SUGGEST THE TIME PERIOD FOR REVERSING THE ENTRY.
AND SERVICE TAX HAS PAID ON INVOICE BASIS WHAT IS THE NEXT STEP TO GET THE CREDIT OF WHICH PAYMENT NOT RECEIVED

BEST REGARDS

MOHAMMAD SALIM

MOHAMMAD SALIM (Expert)
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07 February 2013 No adjustment / refund for bad debts...

However if service is not provided then credit note be issued and service tax on same can be adjusted..

Querist : Anonymous

Querist : Anonymous (Querist)

07 February 2013 BUT IF SERVICE IS PROVIDED , AND PAYMENT IS NOT RECEIVED THAN WHAT TO DO

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