Please Help: service tax
Posted Date : 21-Dec-2011 , 11:54:25 am | Posted By CASANSAAR
as per new amenment service tax after july shall be charged on invoice value basis....but while putting the values in st-3 form..it only accept the values if gross amount received is equal to taxable amount.....
i am not able to fill the coulmn 4B of st-3...source document details.can anyone help me to give the accurate format in which the values have to be filled...
i am not able to fill the coulmn 4B of st-3...source document details.can anyone help me to give the accurate format in which the values have to be filled...
Category : Service Tax | Answers : 2 | Comments : 0 | Hits : 401
Answers
Answer By: Ashish Karundia
Dear Querist,
Please note that you have to fill the full amount as it was clarified vide Notification No. 48/2011-ST dated 19 October, 2011 that for the purposes of this Form (i.e. ST-3) , the words “received /paid” used herein shall be construed as “received or receivable /paid or payable’, as the case may be, in terms of the Point of Taxation Rules, 2011”. Further, in respect of source document details you can refer ST-3 (http://www.servicetax.gov.in/forms/st3.pdf) as provided on CBEC website wherin it is clarified what has to be filled in column 4B.
Hope the above suffice.
Please note that you have to fill the full amount as it was clarified vide Notification No. 48/2011-ST dated 19 October, 2011 that for the purposes of this Form (i.e. ST-3) , the words “received /paid” used herein shall be construed as “received or receivable /paid or payable’, as the case may be, in terms of the Point of Taxation Rules, 2011”. Further, in respect of source document details you can refer ST-3 (http://www.servicetax.gov.in/forms/st3.pdf) as provided on CBEC website wherin it is clarified what has to be filled in column 4B.
Hope the above suffice.
Answer By: Rambabu Senkarasetti
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