St return- as service recipient
This query is : Resolved
20 April 2013
We have got registration only because we have to pay S.T. as a service recipient (for DIRECTORS SITTING FEE). Now We want to file S.T.3 return for the quarter July to September 2012. But after login in aces site, it doesn't show any option in RET category. Now What to do?
20 April 2013
how is it possible that it does not show any option ??
and if your ST payable is less than Rs.10 Lacs
then its not necessary that you should file your return online
you can also file your return offline that is bu hand submitting the return to ST department
and if your ST payable is less than Rs.10 Lacs
then its not necessary that you should file your return online
you can also file your return offline that is bu hand submitting the return to ST department
20 April 2013
Thanks for valuable information. But this 10lacs option is available if return has to be filed as a recipient of service?
20 April 2013
No, exemption of Rs 10 lacs is not available in case ST is payable on reverse charge. Company is liable to deposit ST even on Re 1 paid to its director as sitting fees.
As far as submission of online return is concerned, I guess you have taken registration recently, kindly check whether ST-2 has been issued or not. You cannot file return online unless you have been issued ST-2.
As far as submission of online return is concerned, I guess you have taken registration recently, kindly check whether ST-2 has been issued or not. You cannot file return online unless you have been issued ST-2.
20 April 2013
Mr Ashish please understand the comments first and then explain the same
I have not told the explanation for Exemption of Rs.10 Lacs
it was concerned with the Filing of Online Return
that the assessee by whom ST payable(including input Credit) is less than Rs.10 Lacs then it is not mandatory for them to file the return online
I have not told the explanation for Exemption of Rs.10 Lacs
it was concerned with the Filing of Online Return
that the assessee by whom ST payable(including input Credit) is less than Rs.10 Lacs then it is not mandatory for them to file the return online
20 April 2013
Dear Mr Sourabh,
Firstly, there is no such limit of Rs 10 lacs. Every assessee is liable to file return electronically. Refer rule 7 of STR. However, there is one limit of Rs 10 lac but that is only with regard to payment of ST electronically, in case your total ST was exceeding 10 lacs in preceeding year.
Secondly, my comment/explanation was directly in connection to the second response of the author, who according to me understood the limit of Rs 10 lacs as exemption to ST on reverse charge and not a limit for filing return. However, I may be wrong in observing so.
Thirdly, I had no intention to negate your views. I just explained what I observed, as generally people understand exemption limit of Rs 10 lac as exemption from payment of ST.
Firstly, there is no such limit of Rs 10 lacs. Every assessee is liable to file return electronically. Refer rule 7 of STR. However, there is one limit of Rs 10 lac but that is only with regard to payment of ST electronically, in case your total ST was exceeding 10 lacs in preceeding year.
Secondly, my comment/explanation was directly in connection to the second response of the author, who according to me understood the limit of Rs 10 lacs as exemption to ST on reverse charge and not a limit for filing return. However, I may be wrong in observing so.
Thirdly, I had no intention to negate your views. I just explained what I observed, as generally people understand exemption limit of Rs 10 lac as exemption from payment of ST.
22 April 2013
Dear Author
i m sorry the provision was amended wef 2011
it was made mandatory for all the assessee to file the return electronically
https://www.caclubindia.com/news/electronic-filing-of-service-tax-return-made-mandatory-for-all-10178.asp#.UXUVvuR0zSk
and to Mr Ashish
firstly there was a limit which was amended though the amendment was done in august 2011
Secondly sorry because i thought you are considering my views for the same which i dint mean to
i m sorry the provision was amended wef 2011
it was made mandatory for all the assessee to file the return electronically
https://www.caclubindia.com/news/electronic-filing-of-service-tax-return-made-mandatory-for-all-10178.asp#.UXUVvuR0zSk
and to Mr Ashish
firstly there was a limit which was amended though the amendment was done in august 2011
Secondly sorry because i thought you are considering my views for the same which i dint mean to
22 April 2013
amendment is effective from 1st Oct 2011
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
- REGARDING GST ON COMMERICIAL PROPERTY
- Is this income indian or foreign income?
- 15ca /15cb whose income tax login? remitter or nri seller's login?
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- TDS U/S. 194NF
- ITC temporary reversal and reclaim
- GST on export of services and Input Credit
- Regarding Documentation & Compliances for Opening of Unit of Pvt Ltd.
- Applicable TDS rate for sale of property in Nov 2024
- Can we claim ITC of Feb-2024 in the month of November-2024 which was not claimed by oversight
- Is online PGCE worth it?
- ITC c/f from FY2022-23 to FY2023-24 entered the same in table 8C of GSTR9 of FY 2022-23, in FY23-24
- Late filling fees Demand by gst office
- IGST Credit-Show cause notice issued-confusion
- Short and Excess provision of expenses
- Issue of gst e invoice
- Interchangeable words in accounts
- Adjusted profit/Loss in the case of LLP and Pvt. Ltd.company
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
Trending Online Classes
CAclubindia
