29 April 2013
A Service provider providing Transport of Goods service by road/ Goods Transport Agency services to Corporate & also to proprietorship concerns.
Now in the 2nd Quarter, he has provided total service amounting Rs 10 lakhs out of which 8 Lakhs is provided to Corporate and 2 Lakhs is provided to other on which service tax will be paid by the service provider.
Please tell me how to fill up the ST - 3 return for the period Jul - Sep 2012 i.e. wether the whole amount should be filled in the return form or only the taxable amount i.e. 2 lakhs should be filled??
29 April 2013
total amount of service should be filled first than in the column of exempt service you should mentioned the value of services provided to corporate and also mentioned the notification number under which said benefit is claimed in the return. It will result into liability of tax on net off value and will serve your purpose.
Now please elaborate wether it will be filled under the gross amount head or under the amount on which service tax is payable under reverse charge.
As per my opinion In Gross Amount column : 2 Lakhs In Reverse Charge Column : 8 Lakhs Total Service provided ; 10 Lakhs Exempted Service : 8 Lakhs Abatement @ 75 % being GTA : 1.5 Lakhs Taxable Service : 0.50 Lakhs
Am I right??
Querist :
Anonymous
Querist :
Anonymous
(Querist)
30 April 2013
Thanks Vishrut
Now please elaborate wether it will be filled under the gross amount head or under the amount on which service tax is payable under reverse charge.
As per my opinion In Gross Amount column : 2 Lakhs In Reverse Charge Column : 8 Lakhs Total Service provided ; 10 Lakhs Exempted Service : 8 Lakhs Abatement @ 75 % being GTA : 1.5 Lakhs Taxable Service : 0.50 Lakhs
(1) Gross Amount Column / Total Service Provided Rs. 10,00,000/- (2) Exempt Amount Column Rs. 8,00,000/- (3) Abatement Value as per the notification Rs. 1.5 Lacs (4) Taxable Service Rs. 0.50 Lacs
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