Sachin (Sr. Account Officer) (24 Points)
24 October 2009Please explain me can we filed revised return of service tax while more than 90 days had been passed?
Please also suggest the solution for rectified the mistakes in return after passing more than prescribed time i.e.90 days
Thanks in advance
Sachin K.Gupta
CA Suri Kota
(Assistant Manager @ EY)
(955 Points)
Replied 24 October 2009
As per rule 7B, a revised return can be filed within 60 days from the date of filing the original return to rectify any mistakes , if any, in the original return............So you can not file a revised return as it aprdy passed 90 days................
EKALABYA TALUKDAR
(SERVICE TAX CONSULTANT)
(666 Points)
Replied 24 October 2009
ACCORDING THE RULES OR ACTS THERE ARE NO PROVISON TO EXTENT DATE.
BUT IF YOU REALLY WANT TO RECTIFY YOUR RETURN IT WILL EITHER
(1) HAVE TO ADD MORE SERVICE TAX OR
(2) PAID EXCESS AMOUNT TO SERVICE TAX AUTHORITY
IF THE CASE IS AS NO -1. PAY THE AMOUNT WITH INTEREST AND INFORM THE FACTS TO SERVICE TAX AUTHORITY TO GET RID OF LEGAL HAZARDS
IF THE CASE IS AX NO - 2. YOU CAN CLAIM THE EXCESS AMOUNT FROM THE AUTHORITY
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