Ankur (na) (252 Points)
24 September 2011hello friends,
as we know with effect from 1-4-2010 it is mandatory for a service provider to file a service tax return through e filing if he has paid Rs. 10 lakh or more of service tax including the service tax paid by utilisation of cenvat credit.
please someone clarify me with a small example what does the words "including the service tax paid by utilisation of cenvat credit" mean here????
thanking in anticipation
Sumit Grover
(Chartered Accountant )
(3652 Points)
Replied 24 September 2011
Suppose service tax liability ----15L
paid from CCR -------------- ---- (7L)
paid through GAR-7-------------- (8L)
The nutshell is--service tax liability is relevant for determinng e- filing rather than mode of paymeent of d same....
Prakash
(Chartered Accountant)
(560 Points)
Replied 24 September 2011
Exactly as sumit said, It is
the Gross Service Tax Liability we have consider
In the above example Rs 15 lacs
25 Hours GST Scrutiny of Return and Notice Handling(With Recording)
Survey, Search and Seizure under Income Tax Act 1961
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