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Adjustment against payment under wrong accounting code

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This query is : Resolved

Pradip Shaw & Co (Querist)
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03 August 2011 Individual assessee, registered under Erroction & Commissioning sec 65 (105)zzd, Further ammended ST 2 and included GTA service as service receiver and paid Rs, 258000/-, later it has come to our knowledhe that prop concern not liable for GTA. One S.Tax officer suggest us for claming refund.

My question, shall I adjust Stax paid wrongly under one accounting code with actual accounting code ?

C A S.S.Agarwal, M.Com.,LL.B,

C A S.S.Agarwal, M.Com.,LL.B, (Expert)
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04 August 2011 Yes file the rectification and get it adjusted. If you take refund then you are liable for interest to be paid by you. In case of adjustment you can save that

Pradip Shaw & Co

Pradip Shaw & Co (Querist)
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04 August 2011 sir till I have not filed any return for any services for the period Oct - March , then how I will adjust, for your kind information in this perid we have sufficient Op Cenvat + current input balance > output tax

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