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357 Points
Joined April 2012
Hello Rahul,
As per Rule 6(4A) of Service Tax Rules, 1994, where an assessee has paid to the credit of Central Govt. any amount in excess of the amount required to be paid towards service tax liability for a month or a quarter as the case may be, the assesse may adjust such excess amount paid by him against his service tax liability for the succeeding month or quarter as the case may be.
Also as per Rule 6(4B) of Service Tax Rules, 1994, the adujstment of excess amount under rule 6(4A), shall be subject to the condition that the excess amount paid is on account of reason not involving interpretation of law, taxability, valuation or applicability of any exemption notification.
So w.r.t. Rule 6(4A) and subject to Rule 6(4B), you can adjust the excess amoun of service tax paid