Excess payment of service tax
This query is : Resolved
16 July 2015
Dear Expert,
In last week of Mar-15, my client has paid Service tax of Rs 5 Lac Twice. Same is detected now in July-15. Excess payment of Rs 5 Lac was not shown in ST-3 filed on 25.04.2015. My query is:
1. Should I file revised return and show the 5 lac as excess payment made voluntary under ST Rule 6(4A)and adjust the same in subsequent qtr(s), if yes where 5 lac will be shown in revised ST-3.
2. Should I claim refund
Please resolve my problem
In last week of Mar-15, my client has paid Service tax of Rs 5 Lac Twice. Same is detected now in July-15. Excess payment of Rs 5 Lac was not shown in ST-3 filed on 25.04.2015. My query is:
1. Should I file revised return and show the 5 lac as excess payment made voluntary under ST Rule 6(4A)and adjust the same in subsequent qtr(s), if yes where 5 lac will be shown in revised ST-3.
2. Should I claim refund
Please resolve my problem
16 July 2015
1 In my opinion as no column has been provided to show the excess paid service tax no need to revise the return. File next half year return including this challan.
2 Refund claim will take more time.
2 Refund claim will take more time.
16 July 2015
Thanks,
in Next ST-3 (H1 of FY 2015-16), this excess payment to be shown in column "adjustment of previous excess" or to be shown in normal way with other challans
in Next ST-3 (H1 of FY 2015-16), this excess payment to be shown in column "adjustment of previous excess" or to be shown in normal way with other challans
16 July 2015
Yes you are right..........
16 July 2015
Which option is correct...1st(adjustment of previous excess) or 2nd (normal way with other challan)
16 July 2015
It is adjustment of previous excess.
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