The due date of submitting Service Tax Return for the interval Oct 16 to Mar 17 has been prolonged from twenty fifth April 2017 to thirtieth April 2017. The explanation for extension of due date is that there have been points on the ACES web site on account of which assessees had been unable to file their Service Tax Return. There could be no late payment relevant for all service tax returns filed earlier than thirtieth April 2017. This announcement has been made vide Order No. 1/2017 – Service Tax and the order is hooked up herewith in your prepared reference:
For full particulars on service tax returns, regular due dates, late submitting charges and all different associated issues, kindly refer the beneath article.
Service Tax Return – Overview
Each Assessee who has registered for Service Tax and has been assigned a Service Tax Registration No. is required to file a Service Tax Return on a half yearly foundation. No matter whether or not the Assessee has supplied taxable companies within the interval or not, he’s required to file his Service Tax Return on a half yearly foundation earlier than the due dates as talked about beneath
|Interval||Service Tax Return Due Date|
|Oct 16- Mar 17||twenty fifth April 2017|
|Apr 17-Sept 17||twenty fifth Oct 2017|
Though the Service Tax Return is filed half-yearly, cost of service tax obtained by the Service Supplier shall be deposited with the Govt. on a month-to-month/quarterly foundation.
- Really useful Learn: Due Date for Fee of Service Tax
The Service Tax Return is required to be filed in “Kind ST-3” or “ST-3A” because the case could also be and shall embrace the next monthwise particulars
- The Worth of Taxable Providers Charged/Billed
- The Worth of Taxable Providers realised
- The Quantity of Service Tax Payable/Paid
As per Notification No. 43/2011 – Service Tax dated 25-08-2011, efiling of Service Tax Returns in Kind ST-3 has been made obligatory for all assesses from 1st Oct 2011. Earlier bodily submitting was additionally permitted however now all asseesees are required to file the Return on-line on www.aces.gov.in.
The assesse shall register on this web site after which file ST-3 return with the username and password allotted to him on the time of on-line registration. The ST-3 Excel Return submitting utility will be downloaded from
For an Assessee who supplies multiple taxable service, solely a single service tax return will enough. Nonetheless the small print in every of the columns of the Types ST-3 need to be furnished individually for every of the companies rendered by him.
If the Return is being filed for the 1st time, it shall be accompanied by an inventory of all accounts maintained by the assessee in relation to service tax together with memorandum obtained from his department workplaces.
In case of any error or omission within the Return, an assessee shall furnish a Revised Return of service tax inside 90 days from the date of submission of the Unique Return.
Late payment for Delay in submitting Service Tax Return
If the Service Tax Return just isn’t filed earlier than the due date of submitting of Service Tax Return, Late Price shall be liable to be paid as follows
|Delay in Submitting of Return after Due Date||Late Charges|
|First 15 days||Rs. 500|
|15-30 days||Rs. 1000|
|Greater than 30 days||Rs. 1000 + Rs. 100 per day past 30 days|
|The Most Late Price payable is Rs. 20,000|
Tips on how to file Service Tax Return
Each particular person/organisation having a Service Tax Registration No. is required to file Service Tax Return on a half yearly foundation. Bodily types should not accessible for submitting the Service Tax Returns and Service Tax Return can solely be filed on-line.
An individual can both himself file the Service Tax Return on-line or rent knowledgeable do file the Service Tax Return on his/her behalf. As Service Tax Returns are a bit difficult and should not so simple as submitting an revenue tax return on-line, due to this fact most individuals choose to file the Service Tax Returns by means of knowledgeable.
Lots of difficult particulars are required to be furnished within the service tax return and due to this fact most individuals choose to file the service tax returns by means of knowledgeable itself. Furthermore, with the expansion of web hiring knowledgeable on-line has develop into a lot simpler and folks have now began submitting returns by means of professionals on-line itself as it’s way more handy and the skilled fees are additionally a lot lesser.