We paid Service tax with interest in excess of what was payble, wrongly, under reverse charge machanism for GTA service.
Can we claim the refund for the same.
OR
Adjust the excess with future liability.
We want refund
What is the process
shriniwas (Accountant) (70 Points)
15 March 2013We paid Service tax with interest in excess of what was payble, wrongly, under reverse charge machanism for GTA service.
Can we claim the refund for the same.
OR
Adjust the excess with future liability.
We want refund
What is the process
nilesh
(Indirect Tax)
(82 Points)
Replied 15 March 2013
yes you can adjust the subsequent month liability, there is no any issue.
CAclubindia
