Service tax paid on a service not liable for service tax
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
22 July 2015
Being a service provider of various services and with out knowing the taxability of a particular service we have paid service tax on the service which is not taxable along with the interest for the FY 2014-15. Now i got to know that the service tax paid is on not taxable service, in this regard i would like to know whether am i eligible for adjustment of such service tax paid along with interest as advance tax paid for the CY 2015-16.
Kindly provide us the suggestion also if there is any other way to utilize the excess paid tax. Kindly provide us the procedure to be followed for the same if any.
Kindly provide us the suggestion also if there is any other way to utilize the excess paid tax. Kindly provide us the procedure to be followed for the same if any.
22 July 2015
Revise the half yearly return, the return will show it as excess payment. Adjust the excess payment in 1st half year return.
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