12 October 2009
IF U HAVE COLLECT ANY THING FROM THE CUSTOMER AS SERVICE TAX OVER AND ABOVE THE ACTUAL LIABLITY THEN U HAVE DEPOSIT THE SAME TO THE GOVERNMENT AS SOON AS POSSIBLE OTHER WISE PENALTIES WILL ATTRACT . IT WILL BE NOT BE ADJUSTED AGAINST THE FUTURE LIABILITY.IT IS THE EXCESS AMOUNT RECEIVED BY OVER AND ABOVE THE TAX LIABILTY.
12 October 2009
Irrespective of fact whether the service was taxable or not, if you had collected the service tax from the customer in the form of Service tax then its your liabilty that the should be deposited to the government.
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