Service tax liability

chittaranjan behera (Finance Controller) (46 Points)

22 March 2010  

If the client has paid the money on the bills raised and service tax has been paid on that. Subsequently, the client has disputed the entire amount paid and asked to refund the entire amount mentioning that there is a technical mistake in the work done. If the service provider acceptw the contention of the client and reverse the entry in the books of account, can the service tax paid be adjusted against other future bills?