Good News for those who did not file their Service Tax Return by the due date i.e., 25th April for the half year ending March 31^st. The central government by notification has extended the time limit for filing the Service tax return till 29th April, 2016. Extension of due date for filing Service tax return.

WHO HAS TO FILE THE SERVICE TAX RETURN

Every assessee  who is registered under service tax has to file the return half yearly irrespective of the fact whether he has provided any service or  not. The return has to be filed in  Form ST-3.

 

 

DUE DATE FOR FILING THE RETURN

Due date for filing the return for half year ending 30^th September and March 31^st is 25^th October  and  25^th April respectively.

 

PENALTY FOR DELAY IN FILING THE RETURN

Penalty is levied for late filing of the return.

PERIOD OF DELAY	PENALTY AMOUNT
< 15 days	Rs. 500
15 days – 30days	Rs. 1000
>30 days	Rs. 1000+Rs.100 per day subject to a maximum of Rs.20000

 

HOW TO FILE THE ST-3 RETURN

Primarily Physical filing was also permitted but as per Notification No.43/2011 – Service Tax dated 25.08.2011, efiling of Form ST-3 has been made mandatory for  all the assesses from 1^st October, 2011.

The assessee has to register in aces website.

1. A username and password shall be allocated to the assessee.
2. ST-3 utility has to be downloaded from the site , filled in and uploaded in xml format.

 

EXTENSION OF DUE DATE FOR THE PERIOD 1^ST OCTOBER,2015 TO 31^ST MARCH,2016

Considering the hurdles faced by the assesses in accessing the ACES website , the department of revenue  has extended the due date for submission of ST-3 for the period from 1^st October 2015 to 31^st March 2016 from 25^th April, 2016 to 29^th April,2016  via ORDER NO 1/2016 – Service Tax, Dated April 25, 2016.

 

TO CONCLUDE

Now, every assessee can comply with the Service tax return Compliance by extension of the time limit.

THANKS TO THE MINISTRY

For filing of service tax return within due date visit taxmantra.com.

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