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TMI BlogService tax adjustmentX X X X Extracts X X X X X X X X Extracts X X X X ..... Dear Sir, If the client has paid my money on the bills raised and I have paid service tax. Subsequently, the client has disputed the entire amount paid to me and asking me to refund the entire amount ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... mentioning that there is a technical mistake in the work done by me. If I accept the contention of client and reverse the entry in my books, can the service tax paid be adjusted against other future b ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ills where I need to pay the service tax ? - Reply By Rama Krishana - The Reply = Yes, you can adjust the amount of service tax so paid with the future liability. You may read the provisions of rule 6 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... (3) of the service tax rules, 1994 which stipulates that, "(3) Where an assessee has paid to the credit of Central Government service tax in respect of a taxable service, which is not so provided by h ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... im either wholly or partially for any reason, the assessee may adjust the excess service tax so paid by him (calculated on a pro rata basis) against his service tax liability for the subsequent period ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... , if the assessee has refunded the value of taxable service and the service tax thereon to the person from whom it was received." - Service tax adjustment - Query Started By: - ssrao barsyl Dated:- 1 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 5-3-2010 Service Tax - Got 1 Reply - Service Tax - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmana ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... gementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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