WHAT WE DO FOR SERVICE TAX IF A PURCHASER RAISE A DEBIT
NOTE FOR OUR SERVICE BILL. PLEASAE EXPALAIN THE PROCEDURE
WITH EXAMPLES
Answer Posted / reddy
If Purchaser raise debit note men that is our sales
Sales returens Dr xxxxx
Service tax Dr xxx
Ed cess Dr xx
Cash cr xxxx (If Cash sales other
wise men credit sales Cr to party)
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Dear All, We are a trader and doing one E-1 sales. Supplier send the material by To-pay basis, we endorse the LR and sold to Customer. Customer has given the purchase order for Basic amount and freight amount also. That means we have to pay the freight and getting the reimbursement from customer. In E-1 sales Invoice can we show the freight amount separtely as freight ? Since the customer need the freight head should be shown separetly. Or can we raise the separate debit note for this. Is it create any tax implifications in E-1? Please claify the same at the earliest. regards Regards Thananjeyan.P
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