m.p. tony fca tony & associates third floor, city castel building,east fort, thrissur Mob: , m.p. tony fca tony & associates third floor, city castel building,east fort, thrissur Mob: , SERVICE TAX E-filing

efiling can be either:- Efiling using Excel Utility or Direct Online efiling Service tax efiling……

PASSWORD:- Password to be obtained from Dept. In the case of new assessees, who took online registration, can use the password used for online registration. If password is blocked for any reason, directly contact Dept. They will issue new password. Service tax efiling……

Digital Signature Certificate may be made mandatory later. No need to give hard copy of efiled ST3. Service tax efiling……

Whether NIL ST3 to be filed? Yes, Filing of NIL return is required. Whether mandatory late fees for NIL return? No. Officer can waive (refer 3 rd proviso to Rule 7C) Service tax efiling……

Can an efiled ST3 be revised? Yes; within 90 days of filing original return. Can a revised return can again be revised? Yes. Can a belated return can also be revised? Yes. Service tax efiling……

Is there late fees for revised return? No. Whether increased late fees of Rs. 20,000 applicable even for old returns? Yes. If the tax payable is only 1,000, can a late fees of Rs. 20,000 can be levied? Yes. Service tax efiling……

Points to remember

The data base of the tax payers may be incorrect on the ACES website. Constitution of assessee normally wrong on the ACES site ( amend registration certificate before filing the ST3 return ) After efiling, verify the status of the return filed. (see that the status is “ filed” ) Points to remember…

The premises code to be taken from ACES site ( Premises code from registration certificate not to be used ) Exemption Notification Nos. to be carefully selected. Points to remember…

If the tax liability is NIL, the value of taxable services may not be zero. ( the value of services even if exempted, to be disclosed ) Make sure that correct classification of services are made in Regn. certificate and ST3. (wrong classifications will result in disputes) Points to remember…

Normally service provider is liable to pay tax and file return. In some situations, service recipient is liable. Disclose data separately in ST3. In ST3, Gross value of taxable services to be disclosed. Exemptions like export/other exemptions/pure agents/abatement to be separately mentioned. (a non taxable service like “trading” not to be disclosed) Points to remember…

In ST3, Gross amount received and Gross amount billed to be separately stated. Books and Records to be suitably kept to capture the data of Amount received and amount billed. Points to remember…

Books and records should always tally with the ST3 return filed. ( reconciliation statement to be kept, wherever required) All reimbursements are not exempt from tax. Only in the case of pure agents, it is exempted Points to remember…

In the case of manual filing, we can give any additional information as “ notes” in ST3 itself. ( In Efiling, no such facility) Any additional information to be informed to the Department by separate communication and to be duly acknowledged. Points to remember…

Source document details to be entered for certain types of payments/adjustments. ( enter correct source code details. For help, refer ‘ instruction to fill the form’ in ST3 form)) The facility to efile ST3 without payment of tax is also possible. ( fill the data in point No: 4C in ST3. This helps tax payer to avoid the charge of concealment ) Points to remember…

CENVAT Credit to be availed carefully. Take credit only on valid invoices. On payment basis (upto ), CENVAT a/c in ledger to tally with ST3 Taking Credit without invoice – prosecution If both taxable and non taxable services are provided, follow Rule 6(3) of CENVAT Rules. Points to remember…

CENVAT Credit can be taken on accrual basis wef If payment for input services (payment to supplier of service) are delayed by more than 3 months from the date of invoice, the CENVAT to be reversed. Points to remember…

Service tax on accrual basis wef or (at the option of the tax payer) ST3 form not suitably amended. Revision of ST 3 will be made soon. Due date of filing ST3 extended to Points to remember…

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