Dear All,
How many times can a person filed revised return in a perticular period , and what is the time limit for filing of revised return
Thanks
Jayanta
Mir Irshad Ali
(Partner)
(192 Points)
Replied 06 May 2016
There is no limit as to the number of times a ST-3 return can be revised.
However as per Rule 7B of Service Tax Rules, 1994 a revised return may be submitted within a period of 90 days from the date of submission of the return.
When a revised return is submitted the relevent date for purpose of recovery of service tax under Section 73 shall be the date of submission of revised return.
gupta
(Accountant)
(305 Points)
Replied 06 May 2016
Sir,
Is it 90 days or 180days. Somebody told me that now it is 180days from the date of original date of filing.
Pls update me.
Regards
Jayanta