Hi Aniruddha As per Service tax Cenvat Credit rules,we can take input on Date of Receipt of Invoice Also,tds is applicable on Bill or Payment which ever is earlier Hence in your case,it should be d

Answer of this question

if we get an invoice dated 7th October 2016 for Rs. 100000 + Service Tax & we make a payment on 4th November 2016 then what will be the date of booking an invoice? In my company we book invoice on

Davneet Singh

Hi Aniruddha

As per Service tax Cenvat Credit rules,we can take input on Date of Receipt of Invoice

Also,tds is applicable on Bill or Payment which ever is earlier

Hence in your case,it should be done on 7 Oct and not 4 Nov

Written on Nov. 7, 2016, 8:51 p.m.

Comment

Class 6

Class 7

Class 8

Class 9

Class 10

Class 11

Class 12

Courses

Interesting

Popular