Refund or Adjustment ?
This query is : Resolved
28 July 2010
Please explain me the case in service tax where should i go for
1. Refund u/s 11 b of central excise act
OR
2. Adjust per quater /month
I M CONFUSED ABT IT PLEASE EXPLAIN IN BREIF
Please explain me the case in service tax where should i go for
1. Refund u/s 11 b of central excise act
OR
2. Adjust per quater /month
I M CONFUSED ABT IT PLEASE EXPLAIN IN BREIF
03 August 2010
Normally the amount of pending offset amount of cenvat is carried over to next tax period and is utilised to make fresh output tax liability payments. However, in case there is substantial amount which can not be set off in short term, its better to proceed for refund.
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