is there any change in service tax return filling ?
if there is any changes pls let me know
Sanjay Ghewade (Finance Professional) (56 Points)
12 July 2012is there any change in service tax return filling ?
if there is any changes pls let me know
Anupam Dugar
(Manager Finance and Accounts)
(21 Points)
Replied 12 July 2012
As of now there are no changes stipulated for in filing the returns of Service tax as no notification has come yet to stipulate the same..
But a proposal is in draft mode as of now which states that Service tax return is required to be filed every month
Moreover i think the department would come up with one more notification stating that ST 1 is not required to be ammended everytime as post July 1, 2012 reverse charge mechanism is applicable and thus ST 1 is required to be ammended for extra services applicable to the entity or any person. But i think the department would come up with a notification stating that only negative services should be notified in the ST 1 certificate and nothing else should be present in the certificate.
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