Issue in late issue of Invoices

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..... Issue in late issue of Invoices
Query (Issue) Started By: - Anup Kumar Grover Dated:- 30-3-2015 Last Reply Date:- 20-12-2015 Service Tax
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Service Tax
'A' Co 'providing services to 'B' as business auxiliary services throughout the year, in terms of agreement. A issued Service Invoices for the services rendered for the month of April to Jan, in the month o .....

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..... f Feb, after obtaining Service Tax Regn. 'B' released the payment in Feb. 'A' deposited the service tax in the succeeding month of issuing invoices. 'B' taken the input tax credit on the basis of said Service tax Invoices after entering it into its books. Plz advise, (a) Any Service Tax liability of A in issuing Service invoices (on a/c of Intt or penalty)? (b) Can A and B .....

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..... make any arrangement/correspondence between them, with regard to justification for late issuing of invoices. e.g. service rendered were not up to mark, so approval of services rendered were not obtained from B and B were not agreed to release the payment on provisional basis. Thus in terms of service tax rules, services were not completed for month of April to Jan and after approval in Feb, Servi .....

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..... ce Invoice issued. (c) On the basis of these invoices issued for m/o April-Jan in Feb. Can any audit team of Excise/ST department deny the benefit of CENVAT CREDIT to B? (d) If later on, any departmental notice issued to A suo moto or by direction of the audit team, for making enquiry specifically say late issuing of invoices (as noticed by audit team) then this notice cause any rejection of CENVA .....

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..... T CREDIT to B. Any other suggestion in safeguard of interest of A and B Reply By Ganeshan Kalyani: The Reply: Hope your query is resolved at your end.
Discussion Forum - Knowledge Sharing .....

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