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Works contract

This query is : Resolved 

31 October 2013 There was a bill of Works contract dated 8th May.
As per reverse charge mechanism, 50% of liability is to be paid by the assessee.
However, the service tax was not paid as per reverse charge.also, by mistake the service tax paid to supplier was expensed out.

Can the return be revised now and credit of the same be taken now?

31 October 2013 Yes, Service tax return can be revised.

31 October 2013 n the credit of serv tax paid?


31 October 2013 You can adjust that credit for another service tax payment in the same head.



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