25 March 2014
my client is dealing in advertising services and bill raised by him includes service tax componant. after raising bill full amount has gone in baddebts. now while filing return can he take the benifit of the service tax which has deposited by him before or reversal of service tax componant. plz.. give me advice with relavant sec,rule,notification if any as soon as possible b'coz service tax is to be deposited within 31st march
26 March 2014
According to me you can claim the benefit of service tax paid earlier. while filing the return for current period you can claim the adjustment of current period's liability with excess service tax paid under rule 6(4A) of ST rules. (In ST-3, point 5 of part D)
you will have to mention the challan no in which such excess service tax has been paid.
CAclubindia
