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St-3 return query

CA CS Roshan Begrajka (Chartered Accountants) (267 Points)

13 August 2013

Kindly Help,

in which area we fillup in ST-3 return SSP Exemption of Rs. 10 lac.

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3 Replies

CA Pallav Singhania (IT System Auditor) (33362 Points)
Replied 13 August 2013

SMALL SERVICE PROVIDER :

Service Providers providing taxable services of less than Rs. 10 Lacs in a period of a whole year are termed as SMALL SERVICE PROVIDER. Threshold exemption of Rs 10 lakh is given to small service providers. This monetary limit was Rs 4 lacs from 01-04-2005 to 31-03-2006 and Rs 8 lacs from 01-04-2006 to 31-03-2007.[Please Refer : Service Tax Notification No. 6/2005-ST, dated 01-03-2005 as amended by Service Tax Notification No. 8/2008-ST dated 01-03-2008 ]

Non- Applicability of the Act,

When taxable services are provided by a person under a brand name or trade name, whether registered or not, of another person, the benefit of Rs. 10 Lakhs exemption notification shall not be available.

Here, “brand name” or trade name” means a brand name or a trade name, whether registered or not, that is to say, a name or a mark, such as symbol, monogram, logo, label, signature, or invented word or writing which is used in relation to such specified services for the purpose of indicating, or so as to indicate a connection in the course of trade between such specified services and some person using such name or mark with or without any indication of the identity of that person [Please Refer : Explanation to Notification No. 6/2005-ST]

The exemption of Rs. 10 Lakhs shall not be available in respect of taxable services where service tax is paid by person specified u/s 68(2) of the Finance Act.

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Saurabh Maheshwari (B.com,ACA) (5923 Points)
Replied 13 August 2013

TO CLAIM SSP EXEMPTION...FIRST OF ALL YOU ARE REQUIRED TO SELECT "YES" IN THE CELL ASKING THAT WHETHER ANY EXEMPTION IS BEING CLAIMED.(See Cell No. A11 of Excel utility)

THEN IN SELECTION OF exemption notification no. Select Notif No. -33/2012 Serial No. 1