Excess payment adjustment

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Sandeep (Querist)
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25 April 2014 Dear Sir/Madam,

I wrongly made an excess payment in October'2013 and the same was adjusted in November'2013 by paying less amount.The details of mention below -

Month Liability Paid Difference
Oct'13 2776 3412 (636)
Nov'13 2379 1743 636

Please advice me how to show the above adjustment in ST-3 Return.

Please reply me immediately as today is last day for filing return.

Thanks & Regards,

Sandeep N. Nangre.

Kalam

Kalam (Expert)
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25 April 2014 Please refer Rule 6(4A) which reads as follows : " Notwithstanding anything contained in sub-rule (4), where an assessee has paid to the credit of Central Government any amount in excess of the amount required to be paid towards service tax liability for a month or quarter, as the case may be, the assessee may adjust such excess amount paid y him against his service tax liability for the succeeding month or quarter, as the case may be "

However such adjustment should be subject to the condition that the excess amount paid is on account of reasons not involving interpretation of law, taxability, valuation or applicability of any exemption notification.

Excess payment made earlier may be adjusted in ST -3 in point 4A -1-a-vi.

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Sandeep

Sandeep (Querist)
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25 April 2014 Dear Mr. Kalamuddin,

Thanks for your prompt reply. Requesting you to please explain me in the brief or by showing the same in the ST-3 return.

Thanks

Sandeep N. Nangre.

Kalam

Kalam (Expert)
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25 April 2014 Dear Sandeep,

Reduce the amount of ST paid in Oct 2013 by the amount excess paid and include the same in Clause 4A-1-a-iv in Nov 2013.

Kalam

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