11 August 2014
HELLO, MY ASSESEE HAS CHARGED AN SERVICE TAX ON EDUCATIONAL INSTITUTE AND PAID TO DEPARTMENT. BUT NOW EDUCATIONAL INSTITUTE HAS BEEN EXEMPTED FROM SERVICE TAX. BUT ASSESEE DEPOSITED THE SERVICE TAX AMOUNT AFTER THAT NOTIFICATION. CAN ASSESEE CLAIM THE REFUND. TELL ME THE PROCEDURE AND TIME FOR REFUND.
11 August 2014
Client can claim refund. All the relevant ST-3 and Payment Challans alongwith complete set of Balance Sheet & PL should be submitted with the department. Exact working also to be given.
It is also possible that if you refund the tax collected from the institute; you may avail the credit.
12 August 2014
Thanks Akshay Malpani, Will You please elaborate the concept of refund. Tell me the time period that when we claiming the refund. Should i will give request online. Tell Me the complete procedure with annexure. Its urgent...
CAclubindia
