Excess Service Tax paid under Reverse Charge

Querist : Anonymous (Querist) 17 May 2010 This query is : Resolved
If an excess S.tax is paid under under Reverse Charge, how can it be dealt with?
Can it be utilise in the next month to settle coming periods liability under reverse charge?
Is there any procedure to be followed with the Service Tax like compulsory initimation? What is the liability for not intimating?

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S R agrawal (Expert) 22 May 2010
Dear author, The Service Tax paid in excess due to calculation error may be adjusted against next month liability provided such adjustment is upto Rs.100000/- under proper intimation to the Department.
In ant other case u may claim a refund of Service Tax paid in excess under Section 11B of the Central Excise Act,1944 which provisions are applicable to Service Tax.Such refund has to be claimed within a period of 1 year from the excess payment.

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