Service excess payment
This query is : Resolved
03 July 2013
Dear all ,
A client company had cenvat credit of Rs 455/- for the quarter Jan-Mar'13.
In the Quarter April'13 to June'13 output s.tax Rs5204/-
After deductions Cenvat credit Rs=5204-455=4749 but by mistake Rd 5204 has been deposited instead of taking cenvat credit of Rs 4749/-
Plz advice was to do?
A client company had cenvat credit of Rs 455/- for the quarter Jan-Mar'13.
In the Quarter April'13 to June'13 output s.tax Rs5204/-
After deductions Cenvat credit Rs=5204-455=4749 but by mistake Rd 5204 has been deposited instead of taking cenvat credit of Rs 4749/-
Plz advice was to do?
05 July 2013
please note that your liability of payment of service tax for April-13 to June-13 is Rs. 5204.00 and entire amount you had paid by cash instead of using blance credit of Rs. 455.00. so it is not called as excess payment. regarding balance of credit of Rs. 455.00 you can utilized for nex quarter.
regards
J.M.GOR
regards
J.M.GOR
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