The recent union budget has clarified the position that such amount paid in excess can be adjusted, also there is a provision in the half yearly returs ST3 for such adjustments carried out,
So its official , nothing to worry.
Should you need more information on this write back to associatedm@gmail.com
19 April 2008
if i have deposited excess service tax amount in march-08 (F.y 2007-08) can i adjust this excess amount in april-08 (F.y 2008-09)at time of depositing monthly service tax and financial year has closed.