Pot rule
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
05 December 2013
Dear Sir,
I have received cash in advance, and i have taken that relevant and paid tax.
But i have not provided that agreed services.
can i get that service tax as refund or adjust with another payment ?????
I have received cash in advance, and i have taken that relevant and paid tax.
But i have not provided that agreed services.
can i get that service tax as refund or adjust with another payment ?????
CA DHEERAJ
(Expert)
06 December 2013
Rule 6(3) of the Service tax Rules, 1994, provides that where an assessee has issued an invoice, or received any payment, against a service to be provided which is not so provided by him either wholly or partially for any reason, the assessee may
take credit of such excess service tax paid by him, if the assessee,-
(a) has refunded the payment or part thereof, so received for the
service provided to the person from whom it was received; or
(b)has issued a credit note for the value of the service not so provided
to the person to whom such an invoice had been issued.
take credit of such excess service tax paid by him, if the assessee,-
(a) has refunded the payment or part thereof, so received for the
service provided to the person from whom it was received; or
(b)has issued a credit note for the value of the service not so provided
to the person to whom such an invoice had been issued.
Message likes :
1 times
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Nursery business
- Tax on Amount transferred in HUF Account
- GST REFUND ISSUE ON PURCHASE OF PLANT AND MACHINERY
- TDS on Dashcam rent and allied services
- Condonation Request sec 119(2) b -Enhancement Limit of Leave Exemption prior to AY 2023
- Section 269ST applicability for capital introduced by partner to his partnership firm
- ETDS return q4 25-26
- Intimation under section 245
- HOW TO ADJUST CREDIT NOTE AMOUNT ?
- Import Order Cancelled.
- Working on Gold wastage during Melting of old gold jewellery
- WRONG GSTR7 ENTRIES ACCEPTED ERRONEOUSLY
- Expert Help Required for TDS Refund 100000 Through TRACES – AY 2022–23
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
