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SHORT PAYMENT OF SERVICE TAX

Service Tax - Started By: - vuchcholla Bhaskar - Dated:- 21-4-2016 Last Replied Date:- 25-4-2016 - Dear Sir,We have paid reverse charge amount on 31.03.16 and balance amount we paid on April'16 with interest. Now my query is can we show in return .....

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3 return for half year ending March, 16 ? - Reply By Ganeshan Kalyani - The Reply = Sir, first of all I would like to know whether the short payment made is out of self assessment or out of Departmental Audit ?If it is out of self assessment, then in .....

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ee with Sri Kasturi Sir's. Thanks. - Reply By KASTURI SETHI - The Reply = Sh.Ganeshan Kalyani Ji, As per accounting principles the balance amount paid along with interest in April, 16 should be shown in ST-3 return for April,16 to Sept.,16 in arr .....

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- Reply By Ganeshan Kalyani - The Reply = Sir, In my view Accounting principle states that if expense is pertaining to Mar16 then it has to account in that month only. And service tax payable / receivable as the case on such services should be accou .....

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have paid the short payment with interest in April 2016, the same should be shown in April 2016 - September 2016 return. - Reply By KASTURI SETHI - The Reply = Thanks to both Sh.Ganeshan Kalyani, Sir and Sh.M.Govindarajan, Sir for clarification and .....

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the Oct 15 to Mar 16 return. Reason being: 1. Payment made in April 2016 is pertaining to Mar 2016 itself 2. For instance, ST for the month of Feb 2016 is payable by 6th March 2016, even though it is paid in March 2016, in the ST 3 return the payment .....

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