Excess tax paid is adjustable in subsequent months in terms of rule 6(4A) of Service Tax Rules

Larsen & Toubro Limited Vs Commissioner of Central Excise & ST (CESTAT Ahmedabad)

CESTAT Ahmedabad held that excess tax paid is adjustable in terms of rule 6(4A) of the Service Tax Rules, 1994 against tax liability arising in subsequent months.

Facts- The Appellants were granted a power project by M/S Visa Power Limited (VISA). As per Letter of Award (LOA), the ‘Total Contract Price’ for the complete scope of work was finalized to be Rs. 1610.01 Crores,

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