can i refund my Excess payment of service tax.
Ram Avtar Singh
(Nagari Sultanpur U.P.Delhi)
(14497 Points)
Replied 22 March 2009
yes yiu can take refund or adjest in return period.
Rovin Kothari
(Rovin Kothari & Associates)
(251 Points)
Replied 24 March 2009
in case of Excess payment, you can always claim a refund. But a better option would be to self adjust the excess amount upto Rs 1 Lacs under rule 6 (4B) (iii) & give an intimation to the superitendent within 15days about the adjustment.