Return liability

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

22 April 2015 Sir

I am Running A BPO, and providing service to a bank, i started my firm in the m/o oct 2014,and raise bill to the concern bank for RS 525000/- till march 2015. I charged serviec tax also in bills because a took registration in Nov 2014, but as per bank there is a circular from department that this is duty of bank to submit service tax instead of Vendor/BPO, even i charged but bank did not paid me, Now I am confused how i file my Service tax return please tell me the processor how to file service tax return, wheather amount is nill, please explain in detail will be so greatfull , bcoz i am going to file first time, and i do not want to make any mistake

Thanks & Rgds

Mukesh Kumar Sabri

CA Amit K. Ganar

CA Amit K. Ganar (Expert)
Follow

22 April 2015 Dear Author
It is complicated one, as you did not mentioned the service you have registered secondly as per reverse-charge mechanism only its bank duty to remit the tax. But in only one case which is supply of man power there is 100% reverse charge and it also applicable from 01/04/2015.

It is advisable to you that to take help of CA or consultant. Do not file service tax return by yourself as you may skip one think will land you in tax, interest and penalty.