Wrong value mention in Service tax return

[RAM SHARMA]

Dear Experts,

We have mention wrong value in service tax return by mistake but service tax paid on actual value in 2007-08. Now it is very difficult to reconcile st-3 value with balace sheet. Pl tell me how can i face service tax department.

Thanks 

AI Summary

Service tax return correction: document the error, obtain acknowledged correspondence, or represent to the Commissioner to avoid suppression claims.
A taxpayer declared an incorrect taxable value in a service tax return though tax was paid correctly; advisers recommend either filing a corrected return with a covering letter and obtaining acknowledgement to show no revenue loss, or, if revision is unavailable, submitting a detailed representation to the Commissioner with supporting records and keeping acknowledged correspondence to counter suppression allegations during audit or demand proceedings.