Section 36
Repayment of service tax in relation to bad debt
ActIn forceProvision 41 of 124
Section 36
(1)
Where a refund of service tax has been made under section 35 by the Director General to the person referred to in subsection 35(1) and any payment in respect of the provision of taxable services for which the service tax is payable is subsequently received by the person, the person shall repay to the Director General an amount calculated in accordance with the following formula:
A x C
B where A is the payment received in respect of the provision of such taxable services;
B is the value of such taxable services plus service tax payable on such taxable services; and
C is the service tax payable on such taxable services.
(2)
This section shall not apply to a foreign registered person.