As per notification 30/2012 manpower taxable service is 25% of the value of total service provided but we have deposited the tax on 100% of the value of total services provided by mistake. Then in that case can we adjust the service tax in the next quarter from the excess amount paid.
After the adjustment do we need to inform the suprintendent of service tax wihtin 15 days
Yes it can be adjusted under Rule 6(3)
yups.. can be adjusted..
How is the amount to be disclosed in the returns; firstly when excess payment is made and secondly when the same is adjusted.
Gupta Sachdeva & Co. Chartered Accountants
New Delhi
CA Final
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