refund of service tax

This query is : Resolved 

04 August 2007 can one calim refund of service tax excess paid in cash in next year or can it can be adjusted in payment of excice duty.

06 August 2007 Dear Sir

Excess paid ST can be first adjusted against any other output service tax/duty on FG.

The last option will be to claim refund since in practice the refund process may take 2 to 5 months time too.

Raj (Expert)
10 August 2007 Yes you can claim for next year or without claiming any refund simply you can adjust to excise duty payable amount




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