Service tax

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

21 October 2011 In exercise of the powers conferred by Rule 7(4) of the Service Tax Rules 1994 read with notification No. 48/2011-Service Tax dated 19th October 2011, Central Board of Excise and Customs hereby extends the date of submission of half yearly return for the period April 2011 to September 2011 from 25th October 2011 to 26th December 2011.

This is being done in view of the fact that the e-filing of service tax returns for all class of service tax assesses has been made mandatory for the first time vide notification no. 43/2011- Service Tax dated 25.8.11, as such leaving less time for the trade to adjust to the requirement of e-filing.

Ques: What is the meaning of "For the First Time" in above giving circular

CA RICHA BADALIA

CA RICHA BADALIA (Expert)
Follow

21 October 2011 It simply means that for the first time e-filling has been made mandatory for ALL assessee irrespective of the service tax liability.Previously e-filling was necessary only for those assessee whose has paid total service tax of Rs.10 lakhs or more.

Online classes for CA CS CMA