Adjustment of tax paid back to the customer
This query is : Resolved
CA Sanjay Baheti
(Querist)
04 November 2010
Dear Members,
Can a builder who has repaid the entire amount, along with service tax already paid to the department, to the allottee on cancellation of the booking of the flat, adjust that amount of tax, in the subsequent period/month without seeking refund from the department?.
Can a builder who has repaid the entire amount, along with service tax already paid to the department, to the allottee on cancellation of the booking of the flat, adjust that amount of tax, in the subsequent period/month without seeking refund from the department?.
04 November 2010
Any service tax paid in excess by an assessee , can only by way of refund application stating clearly the grounds for claiming such refund.
You cannot adjust the service tax paid on refund.
You cannot adjust the service tax paid on refund.
Madhukar N Hiregange
(Expert)
10 November 2010
No such provision. Only refund that also if within the time limit of 1 year.
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
- Depreciation Chart Companies Act
- GST Audit whether Govt Companies are exempt?
- PTRC Show Cause Notice on Email
- Accounting treatment of AMC alongwith the purchase of Laptop
- Unable to File TDS Q2 Return – New TRACES Portal Error
- Not ordinarily resident having partnership income in India and salary in USA is any form to filed be
- EPF ECR NEW RULES Sep 17th 2026
- Taxation of crypto futures in India Fy 2026- 2027
- Issuing of delivery challan by seller of goods
- GST Treatment of Purchases with GST Paid where Outward Supplies of Manufactured CattleFeed Exempt
- Condonation Request sec 119(2) b -Enhancement Limit of Leave Exemption prior to AY 2023
- Expert Help Required for TDS Refund 100000 Through TRACES – AY 2022–23
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
