Treatment of bad debts

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Sunil (Querist)
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21 December 2011 Dear Sirs

Kindly give me an advice to whether service Tax on bad debts written off can be reversed in service tax account

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Guest (Expert)

21 December 2011 YES IT CAN BE REVERSED.

Sunil (Querist)
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21 December 2011 Is there any limitation of time sir

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Guest (Expert)

21 December 2011 When u consider that your debt has become bad then it can be reversed at the time of booking entry for bad debts.

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Yogesh Agarwal (Expert)
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21 December 2011 Do agree with Neha

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