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Urgent Query

Queries 512 views 3 replies

Hello Friends,

The service tax amount recived from the receipent is Rs 250000 but by mistake amount of Rs. 350000 is deposited. Now I want to how where it will be shown in the current ST-3 return , by what amount and what is the adjustment process of the same in the next period ????

Replies (3)
Tax liab:- 250000 Tax paid :- 350000 Net payable :- -100000 Will be c/f to next return and will be adjusted in next payment if u have informend superintendent ac dc within 30 days of such advance payment
In current return the excess of rs 100000 will be shown where ???
There is column in st3 return paid by adjustment under rule 6(3) 6(4A)


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