Relating to st 3 return (reverse charge)

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

29 April 2013 A Service provider providing Transport of Goods service by road/ Goods Transport Agency services to Corporate & also to proprietorship concerns.

Now in the 2nd Quarter, he has provided total service amounting Rs 10 lakhs out of which 8 Lakhs is provided to Corporate and 2 Lakhs is provided to other on which service tax will be paid by the service provider.

Please tell me how to fill up the ST - 3 return for the period Jul - Sep 2012 i.e. wether the whole amount should be filled in the return form or only the taxable amount i.e. 2 lakhs should be filled??

VISHRUT

VISHRUT (Expert)
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29 April 2013 total amount of service should be filled first than in the column of exempt service you should mentioned the value of services provided to corporate and also mentioned the notification number under which said benefit is claimed in the return.
It will result into liability of tax on net off value and will serve your purpose.

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Querist : Anonymous

Querist : Anonymous (Querist)

30 April 2013 Thanks Vishrut

Now please elaborate wether it will be filled under the gross amount head or under the amount on which service tax is payable under reverse charge.

As per my opinion
In Gross Amount column : 2 Lakhs
In Reverse Charge Column : 8 Lakhs
Total Service provided ; 10 Lakhs
Exempted Service : 8 Lakhs
Abatement @ 75 % being GTA : 1.5 Lakhs
Taxable Service : 0.50 Lakhs

Am I right??

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Querist : Anonymous

Querist : Anonymous (Querist)

VISHRUT

VISHRUT (Expert)
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30 April 2013 No,
It will be as follows :

(1) Gross Amount Column / Total Service Provided Rs. 10,00,000/-
(2) Exempt Amount Column Rs. 8,00,000/-
(3) Abatement Value as per the notification Rs. 1.5 Lacs
(4) Taxable Service Rs. 0.50 Lacs