Interest on late payment of st wit subsequent adjustment

Assessee may adjust excess amount paid by him against Service tax liability for succeding month/quarter not for previous months.

The service tax shall not be paid in short. If it is paid in short the short amount along with interest should be paid to the credit of the Central Government. In case a service provider pays short payment of service tax in one month and paid excess in another month, there may be a question arised as to whether the short payment of service tax can be adjusted against the excess paid in the next month. There is no specific provision for this in the Act or Rules.