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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 returns of Oct'15 to Mar'16 or Apr'16 to Sep'16.Thanks for the understandings and awaiting for your valuable reply.Thanks & RegardsBhaskar - Reply By KASTURI SETHI - The Reply = Dear Sir, How can you show transaction of April, 16 in ST- .....

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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 arrears' column. However, if the assessee wants to post the amount paid in April, 16 in ST-3 return for half year ending March, 2016, the ACES System will pick up. But such entry would be in contravention of accounting principles. Do you agree Sir ? .....

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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 concurring with me. - Reply By Krishna Kumar - The Reply = With all due respect to the clarifications above, in my personal view, if the payment (along with interest) made in the month of April 2016 is pertaining to March 2016, it should be shown in .....

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