Short tax paid can be adjusted with the excess tax paid in subsequent months/quarters

Short tax paid can be adjusted with the excess tax paid in subsequent months/quarters https://www.taxtmi.com/article/detailed?id=11489 The Tribunal held that where an assessee has remedied a short service tax payment and paid interest, Rule 6(4A) permits adjustment of excess tax paid in a subsequent month or quarter against that liability, treating mis-entries in ST-3 returns as procedural lapses and recognising declared adjustments in returns as intimation to the department, provided the excess is not due to legal disputes on taxability, classification, valuation or exemptions. en-us Tue, 13 Jun 2023 11:00:55 +0530 Tue, 13 Jun 2023 11:00:55 +0530 TaxTMI RSS Generator Short tax paid can be adjusted with the excess tax paid in subsequent months/quarters https://www.taxtmi.com/article/detailed?id=11489 The Tribunal held that where an assessee has remedied a short service tax payment and paid interest, Rule 6(4A) permits adjustment of excess tax paid in a subsequent month or quarter against that liability, treating mis-entries in ST-3 returns as procedural lapses and recognising declared adjustments in returns as intimation to the department, provided the excess is not due to legal disputes on taxability, classification, valuation or exemptions. Articles Service Tax Tue, 13 Jun 2023 11:00:55 +0530 https://www.taxtmi.com/article/detailed?id=11489