Adjsutment of S.tax in return

This query is : Resolved

Ambarish (Querist)
Follow

07 March 2009 Dear Sir/Madam,
we are in Exports and pay service tax against our export is around 2,00,000/- per annum

we also get income from rent and get service tax of Rs. 3,00,000/- per annum

now we want to adjust this amount in our Return
can we pay 100000/- (300000-200000)
then how to make return

Rajesh Kumar

Rajesh Kumar (Expert)
Follow

07 March 2009 You have a liability to pay service tax on rent.
If the export/ rent etc. is done by the same person, that person can take credit of service tax on various input services and use that for payment of service tax liabiltiy.

Ambarish

Ambarish (Querist)
Follow

07 March 2009 Thanks Sir,

Please tell me how to fill ST-3 form to get refund

Upgrade to CAclubindia Pro. Subscribe Now!