SHORT PAYMENT OF SERVICE TAX

[vuchcholla Bhaskar]

Dear Sir,

We have paid short payment of service tax reverse charge amount on 31.03.16 and balance amount we paid on April'16 with interest. Now my query is can we show in returns of Oct'15 to Mar'16 or Apr'16 to Sep'16.

Thanks for the understandings and awaiting for your valuable reply.

Thanks & Regards

Bhaskar

AI Summary

Debate on Reporting Short Payment of Service Tax Under Reverse Charge: March 2016 or April-September 2016? A discussion on a forum addresses the issue of how to report a short payment of service tax under reverse charge. The original poster paid part of the tax in March 2016 and the remainder with interest in April 2016. Contributors debate whether the payment should be reported in the return for October 2015 to March 2016 or April 2016 to September 2016. Opinions vary: some suggest reporting it in the period the service was rendered (March 2016), while others argue for reporting it in the period when the payment was completed (April 2016). The consensus leans towards reporting in April 2016 to September 2016 due to accounting principles.