02 July 2011
can a revised service tax return ( original return on 23.4.11 & revised on 15.5.11) be revised again.There is some receipts are left. can I pay tax with interest.
02 July 2011
Rule 7B of the Rules prescribes that an assessee can submit a revised return within 60 days of filing of original return to rectify any mistake or omission. It may be noted that in such cases where an assessee files a revised return, the limitation period for initiating any action for demanding the service tax not paid/ short paid/ not levied/short levied would be computed from the date of filing of revised return.