Blog 9 : Invoice under Rule 4A :

Invoice under Rule 4A :

Service Provider has to issue invoice / challan / bill within 30 days from the date of completion of service of from the date of payment, whichever is earlier.

Invoice contain,

      I.        Name, Address, Registration Number & Category of Service of said person.

     II.        It should be serially numbered.

    III.        Name & address of a person who is receiving the service.

   IV.        Description, classification of taxable value of service provided

    V.        Service tax payable thereon

   VI.        If invoice is in Reverse charge, the same has also to be mentioned in invoice for the share of service provider & the receiver to discharge the liability respectively.

  VII.        It should be signed either physically or digitally, i.e. signature is must on the invoice.

 VIII.        Tax payment is to be round up.

Specimen under reverse charge ..

Particulars		Amount
Taxable service		1,000.00
Service Tax.
Service Tax thereon	124.00
Less : Payable by service Recipient (Assume 50%)	62.00	62.00
Invoice Value		1,062.00