https://www.taxtmi.com/forum/issue?id=116841 Excess service tax must be adjusted by the assessee in subsequent returns under the prescribed Service Tax Rules; failure to do so within the statutory timeframe forfeits the right to refund. Short payment discovered in audit requires payment of the shortfall with interest and may attract penalties under the Finance Act, and a speaking order is necessary to pursue an appeal against assessment or penalties. en-us Wed, 11 Nov 2020 11:25:52 +0530 Thu, 23 Jan 2025 15:54:38 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=116841 Excess service tax must be adjusted by the assessee in subsequent returns under the prescribed Service Tax Rules; failure to do so within the statutory timeframe forfeits the right to refund. Short payment discovered in audit requires payment of the shortfall with interest and may attract penalties under the Finance Act, and a speaking order is necessary to pursue an appeal against assessment or penalties. Discussion-Forum Service Tax Wed, 11 Nov 2020 11:25:52 +0530 https://www.taxtmi.com/forum/issue?id=116841