Revised Service Tax Return

This query is : Resolved

Sonal Kulshreshtha (Querist)
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17 December 2009 Is there any penalty on filing revised ST Return? In the last return the ST Credit was not availed now we want to file revised Return. What is the procedure for that? IS there any separate form?

SANJAY JAIN

SANJAY JAIN (Expert)
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18 December 2009 The Rule 7B of the Service Tax Rules, 1994 enables to file revised return with in 90 days from the date of filing original return under Rule 7. This return may be filed for correcting a mistake or omission.

Though there is no provision for penalty for filing revised return but in case of short payment of service tax, the relevant date for filing return would be taken the date on which the revised return is filed.

For further query, feel free to write sanjayinfbd@yahoo.com (M-09350048731) or visit, HNO. 2489/8,Faridabad(Haryana)