Debit Note

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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

Replies (2)

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.

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

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