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refund of service tax

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(Querist)
04 August 2007 can one calim refund of service tax excess paid in cash in next year or can it can be adjusted in payment of excice duty.
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CA Prasanna Krishnan V

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CA Prasanna Krishnan V (Expert)
06 August 2007 Dear Sir

Excess paid ST can be first adjusted against any other output service tax/duty on FG.

The last option will be to claim refund since in practice the refund process may take 2 to 5 months time too.
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Raj

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Raj (Expert)
10 August 2007 Yes you can claim for next year or without claiming any refund simply you can adjust to excise duty payable amount




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