https://www.taxtmi.com/forum/issue?id=110222 Short payment of service tax under the reverse charge mechanism paid partly on 31 March and balance with interest in April raises whether tax and interest must be declared in the ST-3 return for the period to which the service pertains or in the subsequent half-year when payment occurred. Accounting principles favour recognising tax in the month of the service and interest when paid; practical filing practice and departmental-audit adjustments may require reporting the April payment as an arrear in the April-September return. ACES may allow earlier posting but may conflict with accounting norms. en-us Thu, 21 Apr 2016 17:17:37 +0530 Thu, 23 Jan 2025 15:56:26 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=110222 Short payment of service tax under the reverse charge mechanism paid partly on 31 March and balance with interest in April raises whether tax and interest must be declared in the ST-3 return for the period to which the service pertains or in the subsequent half-year when payment occurred. Accounting principles favour recognising tax in the month of the service and interest when paid; practical filing practice and departmental-audit adjustments may require reporting the April payment as an arrear in the April-September return. ACES may allow earlier posting but may conflict with accounting norms. Discussion-Forum Service Tax Thu, 21 Apr 2016 17:17:37 +0530 https://www.taxtmi.com/forum/issue?id=110222