17 October 2013
a firm is receiving the two services and is liable to make payment under partial reverse charges- 1- works contract service- S.tax Rs.30000 in month of may 2013 2- manpower service- S.tax Rs.40000 in month of may 2013 Problem- said firm has deposited the all service tax on the works contract head amount rs 70000
now what are remedy for above problem ? 1- Can firm take refund of excess amount of rs 40000 from works contract after depositing s.t. in manpower, what is refund process ? 2- can firm adjust such payment in future months what process ? 3- can firm set off the s.t payment of june 2013 what process ?
CAclubindia
