Please Help: Filing of Service Tax Return
Posted Date : 14-Oct-2013 , 05:35:02 pm | Posted By: Suraj
Category :
Service Tax | Answers :
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Dear Sir An assessee is registered under service tax and is a small scale service provider. Few years back, hew was filing his service tax returns. Now for the last 3 years his turnover his much below the taxable limit for filing service tax return and is filing NIL return every half yearly since then. Is he suppose to file the return regularly even if the income is below the taxable limit say rs. 10 lacs every year. |
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Answers:
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 Answer by: Shankygarg |
| Yes, It is mandatory to file return under ST-3 even if it is Nil.
If you think that your return would not cross the Rs. 10,00,000/- threshold in later years, then you can even surrender your service tax registration.
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| Answer by: Shankygarg |
| Yes, It is mandatory to file return under ST-3 even if it is Nil.
If you think that your return would not cross the Rs. 10,00,000/- threshold in later years, then you can even surrender your service tax registration.
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| Answer by: Vaneet Gupta |
| Yes
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| Answer by: Rishabh Upadhyay |
| es, Filing of Service tax return is mandatory. Non filing or return would invite a penalty of Rs. 20000 per return
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| Answer by: Rishabh Upadhyay |
| es, Filing of Service tax return is mandatory. Non filing or return would invite a penalty of Rs. 20000 per return
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| Comments |
| Posted By : |
18-Oct-2013, 06:43:52 |
| As per F.No. 137/58/2007 dated 2903/2007 has clarified that a person who is not liable to pay tax because of availment of exemption under 6/2005 is not required to file ST-3 |
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