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Service tax

Hiten (CA) (275 Points)

15 July 2015

due to computational error I calculated short service tax liability and accordingly paid short st for the quarter ending march 14.. what are the service tax compliance when service tax are paid short.what I should do now?

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Deepak Gupta (CA Student) (15922 Points)
Replied 15 July 2015

Originally posted by : Hiten
	due to computational error I calculated short service tax liability and accordingly paid short st for the quarter ending march 14.. what are the service tax compliance when service tax are paid short.what I should do now?

Kindly refer to section 73(3) of the Finance Act, 1994.

Siddharth (article) (96 Points)
Replied 16 July 2015

Pay the interest for balance amt and also revised st return nothing else

Ca Nitin karwa (own practice) (64 Points)
Replied 16 July 2015

What if revise return due date is gone..?

Saubhagya (partner) (22 Points)
Replied 16 July 2015

Revise return due date is 3month from the date of filling of original return. CA Saubhagya 9658339601

Madhukar N Hiregange (Chartered Accountant) (38934 Points)
Replied 18 July 2015

A letter maybe sent by speed post after paying the interest if revised return date also lapsed.

No tax authority in India can ignore the letter filed rectifying a mistake. Normally there may not be any dispute in your case as you are not claiming any benefit but complying with the law.