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Excess amt can adjusted to next f.y.

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Querist : Anonymous

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Querist : Anonymous (Querist)
29 June 2012 Dear Sir,
after may-12 we recd., cenvat bill (for the period of 11-12) approxmai 5lacks now we are submitting revised return so cenvat is more now we getting cr balance right. this excess amt can we adjust to next service tax but we dont want refund this amt my query is can we adjust for next year service tax
pls its urgent pls sir
thks in advance
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Amol S Joglekar

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Amol S Joglekar (Expert)
29 June 2012 Yes. The excess can be carried forward to NEXT accounting period.
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