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Demand and refund

manish goyal (student) (27 Points)

07 August 2015

Can service tax demand be adjusted against the return?

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Rama chary Rachakonda (Master in Accounts & Lawyer email ID:ramachary64@gmail.com voice no:9989324294) (3538 Points)
Replied 09 August 2015

Section 73: 10.2 This section empowers the Central Excise Officer to serve notice to the person, chargeable with service tax, which has been not levied or paid or short-levied or short-paid or erroneously refunded. Time limit for serving a notice under this situation is 'one year' from the relevant date.