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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