A Client is engaged in providing in two service- One as Real Estate Agent and other Construction of residential complex. It happened during a month, excess service tax paid under one service and short paid under other. Can they be adjusted against each other.?
Thanks in Advance.
Yes.. it can be considered as a mere procedural lapse and the same can be adjusted. However, it is advised to intimate the same to the dept as a precautionary measure. After negative list regime the classification of services does not hold much importance except for the statistical purposes.
Regards,
Ravi Kumar Somani
Abic and Mani Chartered Accountants
Kottayam
B.Com
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Malhotra Rajesh & Associates
New Delhi
B.Com
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Varma Raja & Associates
Thrissur
CA Inter
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CCI
Pro
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