can anybody tell me that how advance payment of service tax is shown in return?can excess payment of S.Tax is refundable when firm is to de closed???
Menu
service tax
Replies (2)
Hi Mukesh,
In Service Tax Legislation, advance and excess payment has different meanings all together.
If you have paid in advance under rule 6 (1A) of Service Tax Rules, 1994 then show your details under point No. 4 monthwise and with challan details.
If you have paid excess under rule 6(4A) of Service Tax Rules, 1994 then show your payment under point 4A - I - (a) - (i) "in cash".
If you have closed you firm better go for refund of your excess amount paid as in future now you were not able to adjust it.
Warm Regards.
thankyou gautam
Recent Threads
- Understanding section 269st
- CASH AS GIFT OR FD AS GIFT
- NPS Pre Maturity full exit taxation rules
- Planning to ceased a Business
- Taxation for sale and purchase of REIT shares
- PAN - AADHAR LINK
- RECONCILIATION OF GSTR 2B Vs BOOKS WITH VBA
- Regarding cancellation of GST Number
- GST on business receipts pre -registration
- A Restaurant registered under the Composition Sche
Related Threads
CAclubindia
