https://www.taxtmi.com/article/detailed?id=6541 Service tax allows adjustment or credit of tax paid for services not provided when the assessee refunds the value and tax to the recipient or issues a credit note; such mechanisms prevent treatment of the collected amount as retained tax and avoid unjust enrichment where the burden was not passed on. Adjustment procedures are governed by conditions addressing the cause of excess payment, notification to the jurisdictional officer, and interaction with Point of Taxation rules shifting liability to accrual. en-us Tue, 24 Nov 2015 08:23:15 +0530 Tue, 24 Nov 2015 08:23:15 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=6541 Service tax allows adjustment or credit of tax paid for services not provided when the assessee refunds the value and tax to the recipient or issues a credit note; such mechanisms prevent treatment of the collected amount as retained tax and avoid unjust enrichment where the burden was not passed on. Adjustment procedures are governed by conditions addressing the cause of excess payment, notification to the jurisdictional officer, and interaction with Point of Taxation rules shifting liability to accrual. Articles Service Tax Tue, 24 Nov 2015 08:23:15 +0530 https://www.taxtmi.com/article/detailed?id=6541