Exess sevicetax piad from own hand
vishak (accounts) (488 Points)
08 November 2015vishak (accounts) (488 Points)
08 November 2015
AMBUJ SHARMA
(CHARTERED ACCOUNTANT)
(243 Points)
Replied 15 November 2015
in case you have paid excess service tax, then you can adjust in next month & if there is no further liablity of tax, you can claim refund of excess tax payment.
Madhukar N Hiregange
(Chartered Accountant)
(39034 Points)
Replied 16 November 2015
It should be possible to debit excess tax in P&L as it was in course of doing business and under law amount collected extra as tax is also due to be paid to govt.