Service tax-ec paid in excess by mistake.how to show in st3?

1448 views 3 replies

Dear Sir,

 
I have a querry in filing ST3. The querry is, that I have made excess payment of EC of Rs. 8000 on 03/04/2014 (Late payment) at 2% of Gross Value of services, instead of 2% of the Service Tax amount (i.e. 0.24% of Gross Value).
 
Now how do I show it in ST3 -
 
Option1 -
 
Part C (Advance payment)
If yes then, which quarter this belong to (i.e. it has been made in 1st quarter of 2014-15 and not last quarter of 2013-14)?
 
What will be corresponding entry in H1 or H2? as H2 does not allow to select any payment that pertains to part C.
 
 
Option 2-
 
Showing it in G11 as any other payment and mentioning the exact issue. Corresponding entry in H1 and H2.
 
 
Please reply ASAP. I am in a big trouble as deadline is coming.
Replies (3)

Sir,

In this regard chose the optional eighter and also furnished the a clearification in the excess payment and adjusted the same amount for further payment of service tax. You are having other observation in this reagrd plz forward the same.

     

If you want to treat this excess payment as Advance payment, you should have intimated this to the jurisditional superintendent within 15 days of date of payment and accordingly reflect in return. 

Otherwise, you may adjust the excess payment against the tax payable in the next month/quarter under Rule 6(4A) of STR, 1994

Hi, anshul,

Is it resolved or not, still it is pending

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
01 June 2026
Audit, Taxation & Compliance Executive

R P S K & Associates

Nashik

CA Inter

View Details
Company
Featured 15 June 2026
Senior Auditor

N. Dhawan & Co

New Delhi

CA Inter

View Details
Company
ARTICLESHIP 24 June 2026
CA Article Trainee

Rahul Dang & Associates

Pune

CA Inter

View Details
Company
ARTICLESHIP 28 June 2026
Article Assistant

Sharma Chetan And Company

Gurgaon

CA Inter

View Details
Company
22 June 2026
Finance Manager- Chartered Accountant

Triveni Turbine Limited

Bengaluru

CA

View Details
Company
24 June 2026
Chartered Accountant

CA Darshita Shah & Co

Nadiad

CA

View Details
Company
09 June 2026
Accounts Associate

S Madan and CO

New Delhi

Graduate (Any)

View Details
Company
ARTICLESHIP 20 June 2026
Articleship

RB KESHRI & CO

Mumbai

B.Com

View Details