Our company issued a service bill invoice in year 2005-06. But our claint paid only bill amount only without service tax amount. When we asked for service tax amount they said only serice bill amount was accounted by them and not service tax component. Now they can not account service tax component and get input credit as they have finished service tax assesment and they are asking us to cancel the old bill and raise the same bill now so that they will give us the service tax component and can avail input credit. and Please suggest us 1. Can we cancel the old invoice during the current year and reissue new invoice for the same service rendered in year 2005-06. 2. Is there any better way for my claint to avail the input credit of our old bill raised in year 2005-06
With Regards,
Varthaman G
CAclubindia
