Excess payment of Service Tax

This query is : Resolved

Hemchand Kohli (Querist)
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27 August 2010 Sir, what is procedure of claiming refund in service tax if excess payment made

eg. Rs. 100,000/- deposited in feb, 2010 and return filed april 2010 but not claim refund.
but now it was found that there is excess payment made of Rs. 100,000.00 now what is procedure to rectifying and claiming refund of Rs. 100,000/- since now return can't be revised because 90 days time period has been lapse

CMA Ramesh Krishnan

CMA Ramesh Krishnan (Expert)
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27 August 2010 Revised return need to be filed with in 90 days, if more than 90 days the return will not accpted by manuallay and electronically.

Previously, One of my client had also the same problem. We meet the department and asked for the same,the department PRO, it was guided the challan will be adjusted for further serivice tax payments, but for this no proper provisions, I suggest you better meet your Joint commissioner for getting solutions

tarun goel

tarun goel (Expert)
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28 August 2010 Read the provisions of refund of service tax in the finance act,1994.it is all there. you will have to apply for the refund of excess service tax paid within the period mentioned in the Act.

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