EXTRA PAYMENT.
This query is : Resolved
10 October 2009
Dear Experts,
We are a Battery Manufacturing Co and register with Central excise and Service Tax. Regularly we are paying Service Tax towards GTA. But last month by mistake we have paid some extra amount.
Now can we adjust the extra amount in next month while make payment to the dept.
Kindly confirm me.
Thanks and regards,
R.Dutta
We are a Battery Manufacturing Co and register with Central excise and Service Tax. Regularly we are paying Service Tax towards GTA. But last month by mistake we have paid some extra amount.
Now can we adjust the extra amount in next month while make payment to the dept.
Kindly confirm me.
Thanks and regards,
R.Dutta
10 October 2009
Yes. You are permitted to adjust the excess amount in the next month/quarter as per Rule 4A of the Service Tax Rules, 1994.
You are required to intimate the details of adjustment to the superintendent within 15 days of such adjustment.
Such adjustment is limited to Rs. 1,00,000 only.
You are required to intimate the details of adjustment to the superintendent within 15 days of such adjustment.
Such adjustment is limited to Rs. 1,00,000 only.
10 October 2009
Yes it can be adjusted.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Is this income indian or foreign income?
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- ITC temporary reversal and reclaim
- GST on export of services and Input Credit
- Inventory of finished goods
- Applicable TDS rate for sale of property in Nov 2024
- RCM INVOICING FROM NOV-2024
- Can we claim ITC of Feb-2024 in the month of November-2024 which was not claimed by oversight
- REGARDING 25 AS DATE OF PAYMENT AND DATE OF BOOKING
- Should I report my US salary for January, February, March in Schedule FA?
- Sale of property furniture sale
- Confusion around Form 26QB fields
- Adjustment entry in the case of Individual and HUF on 31st March
- LAST YEAR 2022-23 ITC IN NEXT YEAR 2023-24 REPORITNG IN GSTR-9
- MIS MATCH OF INVOICE NUMBER
- IGST Credit-Show cause notice issued-confusion
- Issue of gst e invoice
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
- 133(6) DIN INVALID format error - ->WHERE TO REPLY 133(6) notice?
Trending Online Classes
CAclubindia
