https://www.taxtmi.com/article/detailed?id=6476 Section 73A mandates that any amount collected from a service recipient as service tax which exceeds the service tax assessed or determined must be deposited forthwith to the credit of the Central Government. The provision applies only where an excess collection has been made; non-payment enables issuance of a show-cause notice, determination of the payable amount, and recovery. Payments are adjustable against finalised service tax liability, and any surplus is either credited to the Consumer Welfare Fund or refunded to the person who bore the incidence pursuant to prescribed refund procedures. en-us Fri, 09 Oct 2015 07:32:16 +0530 Fri, 09 Oct 2015 07:32:16 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=6476 Section 73A mandates that any amount collected from a service recipient as service tax which exceeds the service tax assessed or determined must be deposited forthwith to the credit of the Central Government. The provision applies only where an excess collection has been made; non-payment enables issuance of a show-cause notice, determination of the payable amount, and recovery. Payments are adjustable against finalised service tax liability, and any surplus is either credited to the Consumer Welfare Fund or refunded to the person who bore the incidence pursuant to prescribed refund procedures. Articles Service Tax Fri, 09 Oct 2015 07:32:16 +0530 https://www.taxtmi.com/article/detailed?id=6476