The time limit provided for revision of return is 90 days from the date of submission of the return under Rule 7. . What if I have not filed the returns within the prescribed due date? Year 1 : If 1st time Invoice crosses Rs 10 lakhs, then is service tax to be paid on value above Rs 10 lakhs or the entire amount? In respect of certain entries, although the application alerts the assessee about any entry found erroneous or inconsistent, as per the automated validation process, the assessee is still allowed to proceed further to complete data entry of the return and finally submit it electronically. The return preparation utility contains preliminary validations which are thrown up by the utility from time to time. It is a self assessed statutory document notified by the Central Board of Excise and Customs which functions under the Ministry of Finance for the service providers to enable them to declare the value of taxable services provided or received by them and the taxes paid by them for the same.
Otherwise you can visit www. For that click on L. Returns, captured off-line using the Downloadable utility and uploaded later on, are further subjected to certain validation checks. Every assessee shall furnish to the Superintendent of Central Excise at the time of filing his return for the first time a list in duplicate of the following: a. If you want you can download the same and submit offline also.
Hence, it is the obligation of the assessee to inform the Service Tax Authorities about his taxable turnover and the amount of tax assessed on the same. Therefore, all the assessees are now required to file their half yearly service tax return by electronic mode only. What is the method to file the Service Tax Return? But in some cases the assessees are not allowed to proceed further unless the error indicated is corrected. Amount to be paid for delay in furnishing the prescribed return. The electronic filing of returns is mandatory for all 2. April — September and October — March.
As per Section 70 of Finance Act, 1994, 1 Every person liable to pay the service tax shall himself assess the tax due on the services provided by him and shall furnish to the Superintendent of Central Excise, a return in such form and in such manner and at such frequency and with such late fee not exceeding twenty thousand rupees, for delayed furnishing of return, as may be prescribed. Rule 7C of Service Tax Rules, 1994 has the reply to the above question. Bharath Kumar Email: bharat ssaca. However, if the return is rejected, the assessee can correct the errors and upload it again. The extract of the circular is as produced below: The assesses can electronically file statutory returns of Central Excise and Service Tax by choosing one of the two facilities being offered by the department at present: a they can file it online, or b download the off-line return utilities which can be filled-in off-line and uploaded to the system through the internet. Simply drop a mail to aces. Validation of the entries made while filling return 1.
Like the , earlier for service tax payment also e-filling was mandatory for amount 10 lakhs or more. Section 69 2 : The Central Government may, by notification in the Official Gazette, specify such other person or class of persons, who shall make an application for registration within such time and in such manner and in such form as may be prescribed. Hope you will find this tutorial on how to fill Service Tax Return online useful. In case of review and correction of returns by the departmental officers, assesses will receive a message from the application and they can log in to the application to view the reviewed returns online. I need to file service tax though I have no client as they it dept may put penalty if I do not file.
The user is prompted by the application software to correct the particulars entered wherever required. In other words, the return for the period April to September has to be filed on or before 25th October succeeding the half year and the return for the period October to March has to be filed on or before 25th April succeeding the half year. What are the steps for preparing and filing returns? The rule also explains that, for the purpose of recovery of service tax under Section 73 Issue of Show Cause Notice the date of submission of such revised return will be considered as relevant date to calculate the time limit for issue of Show Cause Notice. It will ask you to put user name and password. The assessees are, therefore, advised to take utmost care while fill-in in the returns.
The maximum late fee prescribed by the statute is Rs. Service Tax Law is based on Self Assessment. Since the department maintains logs of such technical failures, in case of any dispute, the decision of the department will be final. If yes, then how many times it can be revised? All the records prepared or maintained by the assessee for accounting of transactions in regard to a providing of any service, whether taxable or exempted; b receipt or procurement of input services and payment for such input services; c receipt, purchase, manufacture, storage, sale, or delivery, as the case may be, in regard of inputs and capital goods; d other activities, such as manufacture and sale of goods, if any b. Note — 2: During the time of filing of return online, in case, you are unable to complete the return and it is left half way due to say power failure or network connectivity,. In the case of an uploaded Central Excise return, using offline utility, similar acknowledgement is generated and sent after the acceptance of the return by the system as a valid return i. You can simply use the online portal and follow the below steps to file Service or Electronically.
Now how to fill Service Tax Return online? Note — 1: During the time of saving the return and taking print out for verification, if the website is left idle for 30 minutes, the session may expire. The assessees are required to correct the return and upload it again. It is the legal responsibility of the assessees, who are required to file returns, to file it within the due date as prescribed under law. While reviewing the return the officer may seek some clarification from the assessee, call for some information, records or documents which should be furnished by the assessee. The rejected returns can be resubmitted after corrections.
It may, however, be noted that merely uploading the returns will not be considered as returns having been filed with the department. A unique document reference number is generated which consist of 15-digit registration number of the assessee, name of the return filed, the period for which return is filed etc. A return filed electronically is subject to automatic verification process by the application and defective returns are marked to the departmental officer for review and correction. Also i have a part time biz in it consultancy for which I have service tax id. Hence, during this time, if it is possible to review and file within 30 minutes, you can proceed to file. This is also automatically communicated to the email id of the assessee by the application.
Whether a return which is filed can be revised? They may, however, bring it to the notice of the departmental officers. If you are providing some service by any online or offline business then you must file service tax st3 return online. The return has to be submitted within 25th of the month following the particular half year. You can also access the tutorial online. The mechanism of calculation of late fee is as below: Delay of 1 — 15 days — Late Fee of Rs.