TMI BlogAdjustment of R & D CessX X X X Extracts X X X X X X X X Extracts X X X X ..... Sir, I have imported tech. from aboard for ₹ 2.5 Cr, on which i have deposited RandD cess @ 5% i.e. ₹ 12,50000/-, Now i have to pay balance service tax amt ₹ 18,40,000/- ie. ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... (12.36% -5%) as part of Service tax. But problem is that, when i filling ST return, details as under, Gross Amt : 2,50,00,000 ST Amt @ 12% : 30,00,000 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Less RandD Cess paid : 12,50,000 Net Service Tax payable : 17,50,000 Educ. Cess 2% : 35,000/-(auto calculated) SHE Cess 1% : 17,500/-(auto calculated) My que ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ries, shall I pay ₹ 18,02,500/-(Rs 17,50,000 + 35000+17500) or ₹ 18,40,000/- If I pay ₹ 18,40,000/- then how can I adjust the amount in ST-3 Return. Please advice me. - Reply By Y ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... AGAY AND SUN - The Reply = Dear Pawan, You may show it excess paid or advance paid and in the subsequent period you may adjust it. Regards, YAGAY and SUN (Management, Business and Indirect Tax Co ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... nsultants) - Adjustment of R & D Cess - Query Started By: - Pawan Kumar Dated:- 1-4-2015 Service Tax - Got 1 Reply - Service Tax - Discussion Forum - Knowledge Sharing, reply post by an expert, per ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... sonal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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