My company is a service provider of ERECTION, COMMISSIONING AND INSTALLATION SERVICE since 2005.we have paid Service tax upto F.Y. 2007-08. Letter the service provided by company was not touching the exemption provided by the Finance Act, i.e. Rs. 10 Lakh. we did not paid Service tax. In the F.Y. 2012-13 again crossed the limit, value of service was 11 lakhs which we came to know in the month of August 2013. I have paid S. tax on whole amount i.e on 11 lakh.
My Question is that in F.Y. 2012-13 on which amount i should pay the tax, only on 1 lakh or on full amount of Rs. 11 lakh. Please sugest. if i have paid excess tax then how i can get the refund of the excess payment.
CAclubindia
