THE SERVICE TAX (14.5% OF 30% VALUE OF BILLS) HAS DEPOSIT BY BOTH SERVICE PROVIDER (GTA) AND SERVICE RECEIVER( PVT LTD CO.) , SERVICE TAX RETURN (4TH QTR F.Y. 2015-16) ALSO FILED .
I WANT TO KNOW THAT :
1. HOW CAN GTA ADJUST SERVICE TAX AGAINST 1st QTR 2016-17 . 2. HOW CAN GTA REFUND SERVICE TAX FROM ST DEPARTMENT . 3 HOW CAN GTA RECEIVE SERVICE TAX FROM PVT LTD CO. BECAUSE WE HAVE CHARGE SERVICE TAX IN INVOICE SPERATELY . 4 TELL ME OTHER OPTION.
05 May 2016
1 File half yearly return for 2015-16 showing excess payment of service tax. so that it can be adjusted in the 1st qtr 2016-17. 2 If adjustment not possible you can file refund claim. File on line claim for refund. 3 You can't receive service tax from co. as it is payable under RCM. 4 No other option.
06 May 2016
DEAR SIR, THANKS FOR YOUR REPLY BUT 1. I HAVE ALREADY FILE ST RETURN AND NOT SHOW EXCESS ST DEPOSIT , BECAUSE I DEPOSIT ST AGAINST OUR GTA BILLS. 2. WHAT IS EASY PROCESS TO REFUND FROM ST DEPARTMENT. MEANS NO AUDIT OR QUARRY GENERATE. 3. WHY I CAN NOT CLAIM FROM CO. BECAUSE I CHARGE SPARATELY ST IN INVOICE AND CO PAY ME ONLY MY SERVICE COST NOT ST COST THANKS IN ADVANCE
06 May 2016
1 File revised return within 90 days. 2 Easy process is to adjust in the next payment. 3 Company can't pay it as it is their responsibility under RCM.
CAclubindia
