krishnakumar (Compliance -Manager CWA) (287 Points)
01 October 2012All Service Tax assessees are hereby informed that they will not be able to file ST 3 returns in ACES now and have to wait until the modified version of ST 3 Form is made available in a few weeks. Please revisit ACES website(https://www.aces.gov.in) for further information. Inconvenience caused is regretted
krishnakumar
(Compliance -Manager CWA)
(287 Points)
Replied 01 October 2012
yashsr
(CA)
(2285 Points)
Replied 01 October 2012
I'm slightly confused. Do I need to file quarterly returns from now on instead of 6 monthly? And should I file Quarterly returns for Apr-June with the old version and July to Sept with the modified version?
krishnakumar
(Compliance -Manager CWA)
(287 Points)
Replied 01 October 2012
Yashs..I think they will gonna make quartely return instead of halfyearly from this financial year..:)
Lalit Sangani
(M.Com. Asst. Manager Account)
(736 Points)
Replied 01 October 2012
ST-3 Return to be Filed by 25.10.2012 to Cover only Period up to 30.6.2012.
TIOL-DDT 1953
01.10.2012
Monday
AS per Rule 7 of the Service Tax Rules, every assessee is required to submit a half yearly return by 25th October for the period 1st April to 30th September and by 25th April for the period 1st October to 31st March.
Now, from 1st July 2012, major changes have been brought out in the Service Tax regime and the return to be filed by 25th October 2012 would cover the two periods, one prior to 1st July 2012 under the old regime and the other from 1st July 2012 under negative list regime.
The Government feels that Combination of all these provisions into one return would have made the return complex for the assessees .
So, the return to be filed by 25th October 2012 would cover only the period, 1st April 2012 to 30th June 2012. The return for the period 1st July 2012 to 30th September 2012 shall be filed later in a new form and within the time to be stipulated.
The Service Tax Rules have been amended to insert a proviso to Rule 7(2).
ak mangal
(Engg)
(52 Points)
Replied 12 October 2012
Above mail from acesadmin
When you go to 'What's New Section' on https://www.aces.gov.in as advised in mail, NOTIFICATION No 47/2012-SERVICE TAX of 28th September, 2012 says return in ST-3 by 25 Oct will be for Apr- June period only ! This is contradictory to mail which says I must wait few weeks for filing online return. Request please advise what is correct.
Does it mean that return in existing ST-3 format is to be filed for Apr-June 12 period and after few weeks in the new format for Jul-Sep 12 period?
Please help clarify urgently,
Regards, AK Mangal
U S Sharma
(glidor@gmail.com)
(21063 Points)
Replied 12 October 2012
from april-2012 onwards all returns would be filed under new format, wait for the updation in aces.
ak mangal
(Engg)
(52 Points)
Replied 12 October 2012
Thanks for response Mr Sharma; how ever your reply is contrary to NOTIFICATION No 47/2012-SERVICE TAX of 28th September, 2012.
U S Sharma
(glidor@gmail.com)
(21063 Points)
Replied 12 October 2012
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