A service provider received payment in advance and paid service tax also. Subsequently, after rendering 50% of the service, the relationship with service receiver got terminated. The excess service tax paid earlier is el

CS Executive · Tax Laws and Practice · PYQS · December 2016
A service provider received payment in advance and paid service tax also. Subsequently, after rendering 50% of the service, the relationship with service receiver got terminated. The excess service tax paid earlier is eligible for adjustment if —
(A) The assessee has closed his business
(B) The recipient has closed his business
(C) The assessee has refunded the amount along with service tax
(D) The assessee has entered into legal dispute.

Answer & Explanation:

Correct Answer: Option (C)

Official answer key: (C).

Topics: Service Tax

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