Excess service tax payment
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
01 December 2015
The company has paid excess payment for the month of Sept Rs. 1 lac approx. now for the payment of oct month can we adjust this excess amount paid.
Rule 6(3) says the payment can be adjusted with the sucessive month/ quarter.
since the month fall in first half year return. can we adjust the payment of sept month (falling in first half year return) against the service tax liability of oct month (falling in second half year return)
Is my understanding correct or we can adjust it against successive month irrespective of service tax return period.
Rule 6(3) says the payment can be adjusted with the sucessive month/ quarter.
since the month fall in first half year return. can we adjust the payment of sept month (falling in first half year return) against the service tax liability of oct month (falling in second half year return)
Is my understanding correct or we can adjust it against successive month irrespective of service tax return period.
CA R SEETHARAMAN
(Expert)
03 December 2015
We can adjust it against successive month irrespective of service tax return period.
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