excess service tax paid

This query is : Resolved

rajesh (Querist)
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30 March 2009 we have paid service tax @ 12.36 % instead of 10.30 % for the month of march.
However we are going to receive payment @ 10.30%.
So my question is whether i can take credit of excess service tax paid in next month.
Please answer.
Thanks

CA CS CIMA Prakash Somani

CA CS CIMA Prakash Somani (Expert)
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30 March 2009 Yes, You can.

CA CS CIMA Prakash Somani

CA CS CIMA Prakash Somani (Expert)
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30 March 2009 Yes, You can.

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Dayal

Dayal (Expert)
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31 March 2009 There is no provision of self credit.

The service tax excess paid can be adjusted subsequently against your future liability.

The adjustment is restricted to 1 lac.for a quarter / month as applicable.