Service tax return
This query is : Resolved
25 May 2010
Dear all,
Am working in event management co, we have received the payment for the month of November 2009 and we haven't paid service tax for that, and we filed service tax return
kindly guide me what would be the last date for revised service tax return and help me out of this discrepancy
Regards
Mrityunjay
Am working in event management co, we have received the payment for the month of November 2009 and we haven't paid service tax for that, and we filed service tax return
kindly guide me what would be the last date for revised service tax return and help me out of this discrepancy
Regards
Mrityunjay
25 May 2010
A return can be revised within a period of 90 days, from the date of submission of original return. Since the return under consideration is for the haly year ending 31.03.2010, you have the time to revise it.
Make the payment of tax and interest and revise the return.
Make the payment of tax and interest and revise the return.
25 May 2010
“7B. Revision of Return.-
An assessee may submit a revised return, in Form ST-3, in triplicate, to correct a mistake
or omission, within a period of sixty days from the date of submission of the return under
rule 7.
Explanation.- Where an assessee submits a revised return, the ‘relevant date’ for the
purpose of recovery of service tax, if any, under section 73 of the Act shall be the date of
submission of such revised return.”.
An assessee may submit a revised return, in Form ST-3, in triplicate, to correct a mistake
or omission, within a period of sixty days from the date of submission of the return under
rule 7.
Explanation.- Where an assessee submits a revised return, the ‘relevant date’ for the
purpose of recovery of service tax, if any, under section 73 of the Act shall be the date of
submission of such revised return.”.
25 May 2010
Filing of revised return: 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.
25 May 2010
For the words "sixty days", the words "ninety days" has been substituted vide notification no. 4/2008 dated 1-3-2008
26 May 2010
Dear all,
In the month of November 2009 we have collected Rs/- 635 Service tax, Revised ST return is mandatory or just adding the interest in next cycle can we pay ST ?
please guide me
Regards
Mrityunjay
In the month of November 2009 we have collected Rs/- 635 Service tax, Revised ST return is mandatory or just adding the interest in next cycle can we pay ST ?
please guide me
Regards
Mrityunjay
26 May 2010
1. You can revise the return
2. You can write a letter to the range superintendent giving details of error and payment particulars
3. You can incorporate the same in next return against the item "Arrear of Revenue"
I would suggest item 2 & 3, ie. intimate by way of a letter and later on include the same in next return.
2. You can write a letter to the range superintendent giving details of error and payment particulars
3. You can incorporate the same in next return against the item "Arrear of Revenue"
I would suggest item 2 & 3, ie. intimate by way of a letter and later on include the same in next return.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- GST Regis.
- Tax on capital gains revoked us 54f
- Inventory of finished goods
- Filing of Form 10BB instead of Filing Form 10B
- Clarification on Documentation of Paid-Up Capital Contribution by Directors
- Applicability of Ind As to associate of associate
- Should I include march foreign salary received in April in my income for FY 2023-24?
- Sale of property furniture sale
- Quiery in relation to GST liability in case of an advocate who has obtained GST registration.
- Confusion around Form 26QB fields
- HSN Details in IFF/GSTR-1 & in GSTR 9
- MIS MATCH OF INVOICE NUMBER
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
- 133(6) DIN INVALID format error - ->WHERE TO REPLY 133(6) notice?
- Query for dubts
- CASE INTIMATION OF LIABILITY UNDER SECTION 73(5)(Rule 142(1A)
- Need to correct "Whether it is last installment " response in Form 26 QB
- GSTR3B IMS Deshboard ( Rec. Solution )
- GST ASMT-10 time extension query
Trending Online Classes
CAclubindia
