we are liable to pay service tax as service receivers. We have paid the service tax at 14.5% instead of 14% and 0.5% as Swatch Bharat cess. How can this be adjusted while filing the returns
Menu
Adjustment of excess service tax paid towards swatch bharat
Replies (1)
Separate account heads are specified for payment of Service Tax and Swatch Bharat Cess.
Therefore, the amount paid towards Service Tax and Swatch Bharat Cess is to be paid separately under the respective heads.
Since you have already paid the total amount (14.5%) under one head, while filing ST-3, the amounts payable should be shown separately in the colums for service tax and Swatch Bharat Cess. However the same Challan should be mention against the amount paid for both service tax and Swatch Bharat Cess.
Recent Topics :
- “Income Tax Implications of Company-Related
- Advice needed: Hypothetical case of non-filing of
- Demand Raised for Cess Amount Despite Section 89 R
- WRONG BILL NO FILED IN GST R1
- Addtional trade name for my another firm
- Commission / Agency Business without books: REAL E
- Difference between AIS and 26AS data.
- Applicability of FCRA to Article Processing Fees (
- GST Return
- Practical queries on buy back of shares
Related Topics :
CAclubindia
