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Service tax on excess advance received


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Querist : Anonymous

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Querist : Anonymous (Querist)
03 June 2014 A builder company has received excess advance money as consideration for flat and the service tax has been charged on the full amount and paid to government. Now the excess amount is being refunded.
Therefore can we take credit of service tax paid on excess advance money in progressive payments of service tax?

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Querist : Anonymous

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Querist : Anonymous (Querist)
18 June 2014 kindly reply on the matter...



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