Service TAx on Foreign payment
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
19 January 2010
Dear Sir
I would like to clear a doubt. This is with regard to a payment made to a comapny in UAE as insurance commission for Referrals they made.
While making the payment we had paid the service tax from our pocket.But while making the service tax payment there was an error we had inadvertantly paid an excess amount.We claimed ST paid as input on basis of Challan.There is unutilised amount of input after adjusting the output tax.
I would Like to know whether this can be adjusted against ST to be paid on another foreign payment(ie to consider this as excess payment and remit the balance to ST on another foreign payment) or avail input or claim refund.
I would like to clear a doubt. This is with regard to a payment made to a comapny in UAE as insurance commission for Referrals they made.
While making the payment we had paid the service tax from our pocket.But while making the service tax payment there was an error we had inadvertantly paid an excess amount.We claimed ST paid as input on basis of Challan.There is unutilised amount of input after adjusting the output tax.
I would Like to know whether this can be adjusted against ST to be paid on another foreign payment(ie to consider this as excess payment and remit the balance to ST on another foreign payment) or avail input or claim refund.
20 January 2010
If you are collecting service tax then you can claim service tax credit if u have invoice and invoice consist ST reg no.
Secondly one extra payment of ST can not adjusted against the second payment of ST it can be claimed as credit
Secondly one extra payment of ST can not adjusted against the second payment of ST it can be claimed as credit
02 July 2023
"Sorry, I am not a featured member."
For featured members contact....
https://www.caclubindia.com/catalogue/featured.asp
For featured members contact....
https://www.caclubindia.com/catalogue/featured.asp
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
- Post Office RD Interest
- Itr 1 processing
- Reporting Income under Section 44ADA
- Building and other construction workers welfare cess act 1996
- ITR 1: Details for showing Exempt Income
- ITR 3 FILING OF AN INDIVIDUAL (PARTNER IN A PARTNERSHIP fIRM)
- ITR validation error - Balance sheet is not filled
- Bank Accounts in Balance Sheet for ITR 3
- TDS ON CASH WITHDRAWALS...
- Form 10BD Filling
- Change the gender in the registration of icai
- Lift replacement entries in housing society
- Delisted shares sold in off market/ Rebate u/s87A
- In Exports Sales HSN details where to fill
- Opting out" of regime provided under subsection (1A) of Section 115BAC but Form 10IEA is not filed.
- Difference in tax comparison report
- Gst invoice numbering and delivery challan numbering
- Sales amount in Gstr1
- E Commerce GSTR1 & 3B how to file
- GST Cancellation without jurisdiction
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
