Please inform whether a debit note can be raised by a company on services rendered plus service tax thereon instead of bill / invoice.
Regards
Shankar Banerjee
shankar banerjee (self employed) (162 Points)
29 April 2010Please inform whether a debit note can be raised by a company on services rendered plus service tax thereon instead of bill / invoice.
Regards
Shankar Banerjee
Bhavin Bhadra
(Job)
(174 Points)
Replied 29 April 2010
Debit note can be issued.
you must have noticed that in routine transaction, company gives debit/credit note for rate difference.
Dear i want to know why you wnat to raise Debit Note and Not sales invoice.
shankar banerjee
(self employed)
(162 Points)
Replied 29 April 2010
Debit note is being preferred instead of Invoice since the company has arranged goods by making payment on behalf of other company (not purchase and sale) in the line of mercandising trade and can only secure payment for goods sourced through a debit note. To facilitate this arrangement service charge is also recovered through debit note making different serial nos.
Hope this clarifies
Thanks for your reply
Regards
Shankar Banerjee
25 Hours GST Scrutiny of Return and Notice Handling(With Recording)
Survey, Search and Seizure under Income Tax Act 1961