Dear Sir,
I have made payment for service tax under reverse charge. the payment for Manpower is done under code GTA. Will that be any problem during assessment, as the payment is done and compliance is completed. As i understand the service tax codes for payment are for statistical purpose for determining revenue under different services. Hence as far as the payment is made there should not be litigation. kindly through some light.
regards,
ganesh
Service tax paid under wrong code for manpower services isn't problematic, but notifying tax department is wise. A user inquired about potential issues with service tax payments made under the wrong accounting code, specifically for manpower services under the GTA code. An expert clarified that while service tax deposited under an incorrect code should not lead to additional demands, it is advisable to inform the jurisdictional Service Tax Department to prevent future complications. The expert emphasized that these codes are primarily for administrative and statistical purposes. Although there is no legal requirement to notify the department, doing so can be a precautionary measure. (AI Summary)
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