27 November 2015
Dear All, I have just joined a BPO, which is registered with Service Tax Department in Two Categories of service, viz., Business Auxiliary Services & Business Support Services. We haven't get our registration amended, to give effect to Reverse Charge Mechanism, SO FAR; although we have been depositing service tax payable under respective heads of RCM, but under our regular heads since we didn't have registration under the provisions of RCM. My question: Whether payment of Service Tax under our regular accounting codes can be treated as payment under Reverse Charge? Can we say that it is just payment of tax under wrong head of accounting & it doesn't amount to non-payment (although it is being done for more than 3 years, continuously)?
27 November 2015
You can get your registration amended through ACES site online. No problem in tax remitted under regular codes file ST3 correctly. Now you remit the amount in correct codes with your existing registration.
CAclubindia
