Adjustment of extra payment of service tax
This query is : Resolved
29 October 2016
'X" pvt ltd paid Service tax Rs.30,000/- , Rs. 200,000 /- and 150,000 /- Against Service tax payable Rs 10,000 /- , Rs. 80,000 /- and Rs. 70,000/- for the month of April 2015, Sept 2015 and Oct 2015, respectively and mentioned all details of challan paid in the ST-3 Return.
Company was not Adjusted the Extra amount while making payment of outstanding balance payable as per the books at the end of FY 2015-16 ie. in March 2016 and Write off the Extra amount amount paid Rs 2,20,000 /- . in the Books of the company because of the company have not intimated to Service tax department for extra amount paid.
My doubt is that company can take credit or Adjust the Extra amount paid in the FY 2016-17 which was paid in FY 2015-16. IF Yes please the procedure for the same.
Company was not Adjusted the Extra amount while making payment of outstanding balance payable as per the books at the end of FY 2015-16 ie. in March 2016 and Write off the Extra amount amount paid Rs 2,20,000 /- . in the Books of the company because of the company have not intimated to Service tax department for extra amount paid.
My doubt is that company can take credit or Adjust the Extra amount paid in the FY 2016-17 which was paid in FY 2015-16. IF Yes please the procedure for the same.
31 October 2016
Adjust the payment in 2016-17 payment and file ST3 including those challan.
05 November 2016
Already Included in ST-3 Returns in FY: 2015-16
05 November 2016
Include it again as amount is not fully utilized.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- GSTR-1A How to update Invoice
- Excess salary payment.
- INTEREST APPLICABLE ON ITC REVERSAL PORTION
- Stamp Paper for partnership firm change new income tax 2025
- Capital gain from sale of house property
- Current Account Opening for Sole Proprietorship with Udyam Certificate - Zero Turnover
- TDS on Purchase of Immovable Property by NRI from NRI
- Regarding TDS Applicability For Director Remuneration
- FORM 26A APPLICABILITY
- SFT Cash Deposit in Current Account
- Cash gift by grand mother to her grand daughter
- Tax amount diff in Gstr1 and 3B in tax compare reports
- Tds on GST in connection with sale to public company
- Restoration of certificate of practice
- Regarding change in correspondence address in SSP portal
- No Compliences after incorporation
- USEFUL LIFE OF USED/SECOND HAND COMMERCIAL VEHICLES
- Claiming TDS deducted by builder on Hardship compensation and Corpus
- Address Change to another state of a Registered Trust with 12AB approval
- Updated return in budget 2026
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
