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New Service Tax Return- Few Suggestions

A few years back we heard that the combined excise and service tax return would be 1 page. This was not to be as reform implementation have failed in the last decade- nothing but empty words by successive FMs.  Now we have a return where if a service provider is providing a dozen services and liable as a service receiver, the return could total 50 Pages!!!!

The questions which come to mind is whether the normal tax payer would be able to know the changing laws, be accounting savvy to be able to design his accounts / excel sheets in such a way that they provide the requisite information, has competent persons who understand the complicated return, be able to avoid mistakes which could lead to indefensible audit objections later. These returns should probably have to be prepared by a professional with clear responsibility of what the scope would cover or not cover. It is also going to be challenging as most tax payers books may not be ready for culling out the information required on arriving at the tax payable as well as the cenvat credit eligible.

Importance of Topic:

As per Rule 7 of Service Tax Returns, every assessee shall submit a half year return in Form ST-3 for the months covered in the half yearly return.   Further, now Service Tax return requires to be made online in ACES website.  The Central government has introduced Negative based Service Tax with effect from 1st July 2012.  Further, with effect from July 2012, new mechanism i.e. Joint charge has been introduced under Service Tax. 

Due to the above changes, it is difficult for the Assessee to file the ST-3 return in one return for the period  April 2012 to September 2012.  Further, even department is not in a position to analyze the return if it is filed in a single return.  Due to this, the provision made for quarterly filing of returns for the period April 2012 to June 2012 and July 2012 to September 2012. 

Subsequently, a modified version of E-format of ST-3 return has been introduced in the ACES website to file the return for April 2012 to June 2012.  Further, for the period July 2012 to September 2012, the new format of ST-3 return is announced on 22nd February 2013 by way of Notification 01/2013 ST.  The new format of ST-3 return which is complicated compared to earlier form of ST-3 return.  Hence, the assesses require to be familiar with the new format of ST-3 return.  The objective of the paper is to provide a better idea of:

a. The new format of Service Tax Return.

b. To ensure all the readers  would  file their ST-3 properly without any discrepancies.

c. To ensure proper disclosure of Joint charge Service Tax liability in the ST-3 returns.

d. To avoid to extent possible any objection / letters from the department for furnishing of details in the ST-3 return.

e. To avoid filing of Revised ST-3 .  

Common Errors in the ST-3 Return:

a) Wrong disclosure of Premises code Number: One of the most common mistakes is wrong disclosure of premises code number in the return.  Further the Premises code number has been changed for all the assessee of Bangalore jurisdiction as the Commissionerate re-classified the  limit of Superintend from Taxable Service to Area wise.  That means earlier, the assessee’s range was depending on the nature of Service.  But from April 2012, the same has been changed to BBMP Area. Most of the assesses are not aware of the changes in their premises code.  Further, the department has not made any intimation to the assessee for change in the premises code even though it is from their end.  Many assesses are used the old Premises code in the ST-3 return, due to this their return is rejected.  The assessees can view their new premises code from their ST-2 certificate which is available online.

b) Non-filing of return for few categories:  As per the provisions of Service Tax, assessees are required to file the Service Tax return for all the categories of Service Tax.  But some assessees who are providing multiple services would not file the ST-3 return for few of the Services due to reason that there were no transactions for the return period.

c) Return filing in wrong category:  Some times, the assessees would file the return in by selecting wrong category of services.  Example, return for works contract filed under construction of complex service category.

d)Saving instead of Submission Return:  In ACES filing, first the assessee require to fill the necessary information in the ST-3 return.  Later, the ACES ask for confirmation of Saving the data.  Next step is to submit the ST-3 return.  But few assessees due to ignorance, would mere save the data in the ACES and they leave ACES website on the assumption that they have filed the return.  Actually, mere saving the data is not sufficient for filing the return. The return would be completed when the assessee submits the saved data.

e)Status of Return:  After submission of return in Offline mode, the return filed by the assessee may be filed or it may be rejected.  The assessee requires to check the status of ST-3 return after 8 to 10 hours of filing the return.  If return is rejected, the assessee requires to re-submit the return after considering the errors made. 

f) Non disclosure of exemption / abatements in the ST-3 Return:  In the ST-3 return, the assessees require to disclose total value of service which also includes exemption / abated value of Services.  Later, the exempted / abated value of Services requires to disclose and the same would be considered before computing the Service Tax.  Some assessees would show only the net amount of Taxable Services in the ST-3 return which results in non disclosure of exemption / abated portion in the ST-3 return.   Showing the exempted value of Services in the ST-3 returns would help the assessee to prove that they are not suppress the facts to the department. 

g) Difference in Closing balance of CENVAT Credit of previous ST-3 return to ST-3 return for the current period.

h) Non disclosure of challan numbers in the ST-3 return.  Due to this, there is a risk of return being rejected and the department may write a letter to the assessee for clarification.

i) Non disclosure of Exemption / Abatement Notification in the ST-3 returns.  Due to this, there is a risk of return being rejectd.

j) Non disclosure of details of Export of Services resulting in denying of refund under Rule 5 of Cenvat Credit rules, 2004 at the first stage.

Instructions for filing the ST-3 Return- Reproduced from the End of the Form

Sl.No. return

Particulars

Remarks

A1

General Information

Assessee is required to mention whether the return is original or Revised return

A2

STC Number

Service tax registration number of the assessee is required to be mentioned

A3

Name

Full Name of the assessee to be mentioned

A4

Financial Year

Financial year to which the return pertains needs to be mentioned.

A5

Return for the period

Period for which the return belongs required to be mentioned i.e. April-September or October to March.  For this time it is July 2012 to September 2012

A6

Large Tax Payers details

If assessee is LTU then he has to select and also required to mention the LTU name from drop down list.

A7

Premises code

Assessee needs to mention the premises code of the business allotted by the department. It is suggested to take the same from the ST-2 while filling the return.

A8

Constitution

Constitution of the assessee needs to be selected

A9

Category of Service

Assessee is required to mention the category of service under which he is providing service is required to mention.

A10

Assessee liable to pay service tax

A10.1

Service Provider under Section 68(1)

All Assessee’s except those who are liable to pay service tax under reverse charge and joint charge are required select this column

A10.2

Service receiver under Section 68(2)

The assessee who is receiver of service of service and is liable to pay service tax is required to select this column. It covers only reverse charge I.e. import of service excluding the partial reverse charge.

A10.3

Service provider under partial reverse charge under  Section 68(2)

The Assessee who is liable to pay service tax under partial reverse charge basis as a service provider such as manpower, security, rent a cab and works contract is required to select this column.

A10.4

Service receiver under partial reverse charge under  Section 68(2)

The Assessee who is liable to pay service tax under partial reverse charge basis as a service receiver such as manpower, security, rent a cab and works contract is required to select this column.

A10.5

Percentage of service tax for A10.3 above

The assessee who is liable to pay service tax as a service provider under partial reverse charge basis is required to mention the percentage of service tax he is required to pay.

A10.6

Percentage of service tax for A10.4 above

The assessee who is liable to pay service tax as a service receiver under partial reverse charge basis is required to mention the percentage of service tax he is required to pay.

A11

Exemption details

In this column the assessee is required to mention whether he is opted for any exemption and also Notification number of that exemption.

A12

Abatement

If assessee is claiming any abatement under Notification 26/2012 dated 20.06.2012 then he required to select this column and also required to mention the above notification number and corresponding Sl.no. of the notification.

A13

Provisional Assessment

If assessee opted for provisional assessment for then he is required to select this column and also required to mention the order number of the provisional assessment.

B

Value of taxable service and service tax payable

B1.1

Gross amount

In this column the assessee being a service provider is required mention the gross amount for which bills, invoice, challans, invoices or any other documents has been issued related to service provided or to be provided including export and exempted service. But in the above amount amounts received in advance and amount taxable on receipt basis for which bills, invoice or challans have not been raised have to be excluded.

B1.2

Advance received

In this column the assessee is required to mention the amount received as advance but for which bills, invoice or challans have not been raised.

B1.3

Taxable on recipt basis under third proviso to Rule 6(1)

In case of Individual and Partnership firms whose aggregate value of taxable services provided from one or more premises is fifty lakhs rupees or less in the previous financial year the service provider shall have the option to pay service tax on receipt basis upto rupees fifty lakhs in the currect financial year. If the assessee comes under the above category then he is required to mention the amount in this column.

B1.4

Bills/ Invoice or challans not been raised

The amount of service provided for which bills, invoice or challans have not been raised is required to mention in this column.

B1.5

Non monetary consideration

The amount received in non-monetary consideration for service provided is required to mention in this column. The value of such service should be equivalent of money.

B1.6

Partial reverse charge

The assessee who is liable to pay service tax under partial reverse charge is required to mention the amount of service which is liable in this column.

B1.7

Total of Gross amount

Total of all the above column should come in this column.

B1.8

Export of service

Amount which is considered as export of service as per the place of provision of service rules and also Rule 6A of service tax rules is required to be mentioned in this column.

B1.9

Exempted Service

The services which are exempted from payment of service tax by virtue of Notification no.25/2012 are to be considered in this column excluding the export of service as mentioned above.

B1.10

Pure agent service

The amount of service which is considered as provided under pure agent concept as specified in the service tax(determination of value)Rules is required to be mentioned in this column.

B1.11

Abatement amount

The amount which is claimed as abatement as per Notification No.26/2012 is required to be mentioned in this column.

B1.12

Any other Deduction

Apart from above if assessee is claiming any deduction like adjustment of excess amount and all is to be mentioned in this column.

B1.13

Total of all deductions

Total of all deduction from B1.8 to B1.12 is to be mentioned in this column.

B1.14

Net taxable value

After deducting B1.13 from B1.7 assessee will get the Net taxable amount.

B1.15

Advolorem rate

Service tax advolorem rate is to be mentioned in this column i.e.12%.

B1.16

Specific rate

As per the Rule 6 Service tax Rules in case of ceratin category of services there is specific rate is applicable if the same is applicable for assessee then he is required to mention that rate. 

B1.17

Service tax payable

The amount payable as service tax after applying the advolerem or specific rate is be mentioned here.

B1.18

R & D cess

In case of import of ceratin software there is levy of Research and Development Cess. If the assessee has been levied such cess then he can take deduction of such cess while making payment of service tax on the same.  The same amount of R&D cess is required to be mentioned here.

B1.19

Net Service tax payable

After deducting the R&D cess from the service tax payable net service tax payable will come.

B1.20

Education Cess

Education Cess on the net service tax payable at the rate of 2% needs to be mentioned here.

B1.21

Secondary and Higher Education Cess

Secondary and Higher Education Cess on the net service tax payable at the rate of 1% needs to be mentioned here

B2

Service receiver details

This column contains the same details as mentioned in B1 but the only difference is it is applicable for service receiver.

PART C

Advance payment of service tax

This part contains the amount of service tax paid in advance details. The same needs to be mentioned with the breakup of service tax, Education and SHE cess with corresponding challans details.

PART D

Service tax paid details

D1

Cash

If service tax is paid using cash then the assessee is required to mention the amount which is paid through cash in this column.

D2

Cenvat Credit

If Assessee is making payment by utilizing the cenvat credit then such amount is required to be mentioned here. In addition to that it is specifically mentioned that this column is not applicable for recipient of service therefore if the assessee is a service receiver then he supposed to pay through cash only.

D3

Adjustment of excess amount

As already mentioned in the PART C if any is paid as an advance then such amount can be utilized for making payment of service tax without any limit as per service tax rules.

D4

Adjustment as per Rule 6(3)

As per Rule 6(3), Service Tax paid on accrual basis but credit note raised subsequently can be adjusted against future payment of Service Tax.  Payment made through such adjustments required to be mentioned here.

D5

Adjustment as per Rule 6(4A)

As per rule 6(4A), if the assessee pays the excess amount of Service Tax in the previous month, the same can be adjusted for the current period.  Such adjustments required to be mentioned here.

D6

Adjustment as per Rule 6(4C)

As per rule 6(4C), if the assessee pays the Service Tax on Renting of Immovable property without considering the property tax paid, such excess payment can be adjusted for future payments.  Such adjustments required to be mentioned here. 

D7

Book adjustments by government departments

It is applicable only for governmental departments where there would be option to pay Service tax by book adjustments. Eg: for Indian post dept.

D8

Total tax paid

It is sum total of D1 to D7.

PART E – Education Cess Paid in Cash and Through CENVAT Credit

E 1

In Cash

Details of Education Paid in Cash for the relevant month to be provided here

E2

By CENVAT Credit (not applicable where the service tax is liable to be paid by the recipient of Service)

Details of Education paid by utilization of CENVAT Credit to be provided here.  Further, it says (not applicable where the service tax is liable to be paid by the recipient of Service).  This is because, the under Joint & reverse charge mechanism, the Service receiver should require to pay service tax by cash only.  Hence, payment by way of CENVAT Credit is not allowed here

E3

By adjustment of amount paid as service tax in advance under Rule 6(1A) of the ST Rules

If the Education Cess requires to be adjusted against the payment made in the previous month, the same requires to be mentioned here.

E4

By adjustment of excess amount paid earlier as service tax and adjusted, by taking credit of such excess service tax paid, in this period under Rule 6(3) of the ST Rules

If the Service Tax has paid in earlier period and credit note has been issued for the same , the same can be adjusted for the current period.  This details required to be furnished here. 

E5

By adjustment of excess amount paid earlier as service tax and adjusted in this period under Rule 6(4A) of the ST Rules

If any Service Tax has been paid excess under Rule 6(4A) i.e. paying the tax in cash which is more than the liability in the previous period, the same can be adjusted in the current period.  Such adjustments required to be furnished here.

E6

By adjustment of excess amount paid earlier as service tax in respect of service of Renting of Immovable Property, on account of non-availment of deduction of property tax paid and adjusted in this period under Rule 6(4C) of the ST Rules

As per Rule 6(4C) excess payment against Renting of Immovable property Service by not considering exemption available for property tax can be adjusted against future payments.  Such adjustments required to be disclosed here.

E7

By book adjustment in the case of specified Government departments

This is applicable only for specified government departments for which they can pay the liability through book adjustments

E8

Total Education Cess paid

It is the summary from E1 to E7

PART F – Secondary & Higher Education Cess Paid in Cash and Through CENVAT Credit

F1

In Cash

Details of SHE Cess Paid in Cash for the relevant month to be provided here

F2

By CENVAT Credit (not applicable where the service tax is liable to be paid by the recipient of Service)

Details of SHE Cess paid by utilization of CENVAT Credit to be provided here.  Further, it says (not applicable where the service tax is liable to be paid by the recipient of Service).  This is because, the under Joint & reverse charge mechanism, the Service receiver should require to pay service tax by cash only.  Hence, payment by way of CENVAT Credit is not allowed here

F3

By adjustment of amount paid as service tax in advance under Rule 6(1A) of the ST Rules

If the SHE Cess requires to be adjusted against the payment made in the previous month, the same requires to be mentioned here.

F4

By adjustment of excess amount paid earlier as service tax and adjusted, by taking credit of such excess service tax paid, in this period under Rule 6(3) of the ST Rules

If the Service Tax has paid in earlier period and credit note has been issued for the same , the same can be adjusted for the current period.  This details required to be furnished here. 

F5

By adjustment of excess amount paid earlier as service tax and adjusted in this period under Rule 6(4A) of the ST Rules

If any Service Tax has been paid excess under Rule 6(4A) i.e. paying the tax in cash which is more than the liability in the previous period, the same can be adjusted in the current period.  Such adjustments required to be furnished here.

F6

By adjustment of excess amount paid earlier as service tax in respect of service of Renting of Immovable Property, on account of non-availment of deduction of property tax paid and adjusted in this period under Rule 6(4C) of the ST Rules

As per Rule 6(4C) excess payment against Renting of Immovable property Service by not considering exemption available for property tax can be adjusted against future payments.  Such adjustments required to be disclosed here.

F7

By book adjustment in the case of specified Government departments

This is applicable only for specified government departments for which they can pay the liability through book adjustments

F8

Total Secondary & Higher Education Cess paid

It is the summary from E1 to E7

Part G- Arrears, Interest, Penalty, Any Other Amount etc paid

G1

Arrears of revenue (Tax amount) paid in cash

The details of Service Tax paid in cash in the current period for the previous periods required to be disclosed  here

G2

Arrears of revenue (Tax amount) paid by utilising CENVAT credit

The details of Service Tax paid by way of CENVAT Credit in the current period for the previous periods required to be show here

G3

Arrears of Education Cess paid in cash

The details of Education Cess paid in cash in the current period for the previous periods required to be disclosed  here

G4

Arrears of Education Cess paid by utilising CENVAT credit

The details of Education Cess paid by way of CENVAT Credit in the current period for the previous periods required to be show here

G5

Arrears of Secondary & Higher Education Cess paid in cash

The details of SHE Cess paid in cash in the current period for the previous periods required to be disclosed  here

G6

Arrears of Secondary & Higher Education Cess paid by utilising CENVAT credit

The details of SHE Cess paid by way of CENVAT Credit in the current period for the previous periods required to be show here

G7

Amount paid in terms of section 73A of Finance Act, 1994

Payment Service Tax which collected excess than required to be disclosed here

G8

Interest paid (in cash only)

Interest paid in cash to be disclosed here

G9

Penalty paid (in cash only)

Penalty paid in cash to be disclosed here

G10

Amount of Late fee paid, if any.

Penalty paid for delay in filing of return to be disclosed here

G11

Any other amount paid (please specify)

Any other amount other than this requires to be disclosed here

G12

Total payment of arrears, interest, penalty and any other amount, etc. made G12=(G1+G2+G3+G4+G5+G6+G7+G8+G9+G10+G11)

It is summary of G1 to G11

Part H

H1

DETAILS OF CHALLAN

In this details of challan like Challan number, challan date, and challan amount pertaining to the respective month to be disclosed in that month.  Challan numbers will first Bank BSR code, then date of payment in Date/MM/Year form and sl.no.

H2

                Source documents details for payments made in advance / adjustment,

In this filed the details of source document number required to be disclosed for making adjustments, advance payments, payment of arrears etc.  Source document number is previous ST – 3 return acknowledgement number

Part I – Details of CENVAT Credit

I1.1

Whether providing any exempted service or non-taxable service (‘Y’/‘N’)

Select Yes/No.  Yes if providing any exempted service or non taxable service

I1.2

Whether manufacturing any exempted excisable goods (‘Y’/‘N’)

Select Yes/No.  Yes if manufacturing exempted goods.

I1.3

If reply to any one of the above is ‘Y’, whether maintaining separate account for receipt or consumption of input service and input goods [refer to Rule 6 (2) of CENVAT Credit Rules, 2004](‘Y’/‘N’)

Select Yes if separate accounts is being maintained

I1.4

If reply to any one of the columns I1.1&I1.2 above is ‘Y’ and I1.3 is ‘N’, which option, from the below mentioned options, is being availed under Rule 6(3) of the CENVAT Credit Rules, 2004

Option under Rule 6(3) of the Cenvat Credit Rules, 2004 should be selected here

I1.4.1

Whether paying an amount equal to 6% of the value of the exempted goods and exempted services [refer to Rule 6(3)(i) of CENVAT Credit Rules, 2004](‘Y’/‘N’); or

Click Yes if opted for this scheme

I1.4.2

Whether paying an amount equivalent to CENVAT Credit attributable to inputs and input services used in or in relation to manufacture of exempted goods or provision of exempted services [refer to Rule 6(3)(ii) of CENVAT Credit Rules, 2004](‘Y’/‘N’);or

Click Yes if opted for this scheme

I1.4.3

Whether maintaining separate account for receipt or consumption of input goods, taking CENVAT credit only on inputs (used in or in relation to the manufacture of dutiable final products excluding exempted goods and for the provision of output services excluding exempted services) and  paying an amount equivalent to CENVAT Credit attributable to input services used in or in relation to manufacture of exempted goods or provision of exempted services [refer to Rule 6(3)(iii) of CENVAT Credit Rules, 2004](‘Y’/‘N’)

Click Yes if opted for this scheme

I2. Amount payable under rule 6(3) of the CENVAT Credit Rules, 2004.

I2.1

Value of exempted goods cleared

Mention value of exempted goods

I2.2

Value of exempted services provided

Mention value of Exemption Service

I2.3

Amount paid under Rule 6(3) of CENVAT Credit Rules, 2004, by debiting CENVAT Credit account

Mention amount paid under rule 6(3) by CENVAT Creit

I2.4

Amount paid under Rule 6(3) of CENVAT Credit Rules, 2004, by cash

Mention amount paid under rule 6(3) by cash

I2.5

Total amount paid under Rule 6(3) of CENVAT Credit Rules, 2004

I2.5 = I2.3 + I2.4

Mention total amount paid under Rule 6(3) of CENVAT Credit Rules, 2004

I3.1 DETAILS OF CENVAT CREDIT OF SERVICE TAX AND CENTRAL EXCISE DUTY TAKEN AND UTILISATION THEREOF –

I3.1.1

Opening Balance

Opening balance of CENVAT credit to be mentioned here

I3.1.2

Credit taken

I3.1.2.1

on inputs

Cenvat Credit availed on Inputs required to be mentioned here

I3.1.2.2

On Capital goods

Cenvat credit availed on Capital goods required to be mentioned here

I3.1.2.3

On Input Services received directly

Cenvat credit availed on Input services required to be mentioned here

I3.1.2.4

As received from Input Service distributor

Cenvat Credit received as a distribution from Input Service distributor require to be mentioned here

I3.1.2.5

From inter unit transfer by a LTU

Cenvat credit received from LTU unit (only applicable for LTU) to be shown here

I3.1.2.6

Any other credit taken (please specify)

Credit taken in any other way required to be taken (illustration for this a)department allows to take credit in the current month which is missed out in the previous month by letter.  b) availment of excess reversal of credit under Rule 6 of CCR, 2004

I3.1.2.7

Total Credit Taken

Sum of Credit taken

I3.1.3

Credit utilized

I3.1.3.1

For payment of Service Tax

Credit utilized for payment of Service Tax required to be mentioned here

I3.1.3.2

For payment of education Cess on a taxable service

Credit utilized for payment of Education cess on service tax required to be mentioned here

I3.1.3.3

for payment of Secondary and Higher Education Cess on taxable services

Credit utilized for payment of SHE Cess of Service Tax required to be mentioned here

I3.1.3.4

for payment of excise duty or any other duty

Credit utilized for payment of Excise duty required to be mentioned here

I3.1.3.5

towards clearance of input goods and capital goods removed as such or after use

Credit utilized for payment of Cenvat reversal as such as per rule 3 of Cenvat Credit Rules, required to be mentioned here

I3.1.3.6

towards inter unit transfer to LTU

Cenvat Credit transferred to inter unit transfer to be mentioned (applicable only for LTU unit)

I3.1.3.7

for payment of an amount under rule 6(3) of CENVAT Credit Rules, 2004

Cenvat Credit utilized for payment made under rule 6(3) of CENVAT Credit Rules to be mentioned here.

I3.1.3.8

for any other  payments/adjustments/reversal (Please specify)

Payment made for any other reasons apart from above required to be mentioned. Eg: Cenvat reversed for wrong availment of Cenvat Credit etc

I3.1.3.9

TOTAL CREDIT UTILISED

I3.1.3.9=(I3.1.3.1+I3.1.3.2+I3.1.3.3+I3.1.3.4+

I3.1.3.5+I3.1.3.6+I3.1.3.7+I3.1.3.8)

Total Cenvat Credit utilized

I3.1.4

Closing Balance of CENVAT credit

I3.1.4 = {(I3.1.1 + I3.1.2.7) – I3.1.3.9}

Closing balance to be mentioned here

I3.2 DETAILS OF CENVAT CREDIT OF EDUCATION CESS TAKEN & UTILISATION THEREOF –

I3.2.1

Opening Balance of Education Cess 

Closing balance of previous return to be mentioned here

I3.2.2

Credit of Education Cess taken

I3.2.2.1

on inputs

E. Cess credit availed on inputs for the current month required to be mentioned here

I3.2.2.2

on capital goods

E. Cess credit availed on Capital goods for the current month required to be mentioned here

I3.2.2.3

on input services received directly

E. Cess credit availed on input services for the current month required to be mentioned here

I3.2.2.4

as received from Input Service Distributor

E.Cess credit received from Input Service Distributor required to be mentioned here

I3.2.2.5

from inter unit transfer by a LTU

E.Cess credit availed from Inter transfer unit required to be mentioned here (It is applicable only for LTU Units)

I3.2.2.6

Any other credit taken (please specify)

Any other credit availed required to be mentioned here

I3.2.2.7

Total credit of Education Cess taken I3.2.2.7= (I3.2.2.1+I3.2.2.2+I3.2.2.3+I3.2.2.4+ I3.2.2.5+I3.2.2.6)

Total of the above

I3.2.3

Credit of Education Cess utilised

I3.2.3.1

for payment of Education Cess on goods & services

Credit used for payment of Education Cess on goods and services required to be mentioned here

I3.2.3.2

towards payment of Education Cess on clearance of input goods and capital goods removed as such or after use

Credit used for payment of Education Cess on clearance of Input goods and capital goods removed as such should be mentioned here

I3.2.3.3

towards inter unit transfer to LTU

Credit transferred to inter unit to be mentioned here( this is applicable only for LTU units)

I3.2.3.4

for any other payments/adjustments/ reversal (please specify)

Credit reversed for any other reasons required to be mentioned here

I3.2.3.5

Total credit of Education Cess  utilised

I3.2.3.5= (I3.2.3.1+I3.2.3.2+I3.2.3.3+I3.2.3.4)

Total reversal / payment of Education Cess

I3.2.4

Closing Balance of Education Cess  I3.2.4={(I3.2.1+I3.2.2.7)-I3.2.3.5}

Closing balance of Education Cess

I3.3 DETAILS OF CENVAT CREDIT OF SECONDARY AND HIGHER EDUCATION CESS  TAKEN & UTILISATION THEREOF –

I3.3.1

Opening Balance of SHEC

Closing balance of previous return to be mentioned here

I3.3.2

Credit of SHEC taken

I3.3.2.1

on inputs

She Cess credit availed on inputs for the current month required to be mentioned here

I3.3.2.2

on capital goods

She Cess credit availed on Capital goods for the current month required to be mentioned here

I3.3.2.3

on input services received directly

She  Cess credit availed on input services for the current month required to be mentioned here

I3.3.2.4

as received from Input Service Distributor

She Cess credit received from Input Service Distributor required to be mentioned here

I3.3.2.5

from inter unit transfer by a LTU

She Cess credit availed from Inter transfer unit required to be mentioned here (It is applicable only for LTU Units)

I3.3.2.6

Any other credit taken (please specify)

Any other credit availed required to be mentioned here

I3.3.2.7

Total credit of SHEC taken I3.3.2.7= (I3.3.2.1+I3.3.2.2+I3.3.2.3+I3.3.2.4+I3.3.2.5+I3.3.2.6)

Total of the above

I3.3.3

Credit of SHEC  utilised               

I3.3.3.1

for payment of SHEC on goods & services

Credit used for payment of SHe Cess on goods and services required to be mentioned here

I3.3.3.2

towards payment of SHEC  on clearance of input goods and capital goods removed as such or after use

Credit used for payment of She cess on clearance of Input goods and capital goods removed as such should be mentioned here

I3.3.3.3

towards inter unit transferto LTU

Credit transferred to inter unit to be mentioned here( this is applicable only for LTU units)

I3.3.3.4

for any other payments/adjustments/reversal (please specify)

Credit reversed for any other reasons required to be mentioned here

I3.3.3.5

Total credit of SHEC utilised I3.3.3.5= (I3.3.3.1+I3.3.3.2+I3.3.3.3+I3.3.3.4)

Total reversal / payment of She Cess

I3.3.4

Closing Balance of SHEC I3.3.4 = {(I3.3.1+I3.3.2.7)-I3.3.3.5}

Closing balance of She Cess

Part J- CREDIT DETAILS FOR INPUT SERVICE DISTRIBUTOR

(TO BE FILLED ONLY BY AN INPUT SERVICE DISTRIBUTOR):

J1  DETAILS OF CENVAT CREDIT OF SERVICE TAX & CENTRAL EXCISE DUTY TAKEN AND DISTRIBUTION THEREOF –

J1.1

Opening Balance of CENVAT credit

Opening balance of CENVAT Credit required to be mentioned here

J1.2

Credit taken (for distribution) on input services

Cenvat Credit availed on Input Services for distribution to be mentioned here

J1.3

Credit distributed

Total amount of credit distributed for the month to be mentioned here

J1.4

Credit not eligible for distribution in terms of rule 7(b) of CENVAT Credit Rules, 2004

Credit not eligible as per rule 7(b) of Cenvat Credit Rules, 2004 requires to be mentioned here

J1.5

Closing Balance of CENVAT credit J1.5 = {(J1.1+J1.2) – (J1.3+J1.4)}

Closing balance of Cenvat Credit requires to be mentioned here

J2 DETAILS OF CENVAT CREDIT OF EDUCATION CESS TAKEN AND DISTRIBUTION THEREOF

J2.1

Opening balance of CENVAT credit of Education Cess

Opening balance of CENVAT Credit of Education Cess required to be mentioned here

J2.2

Credit of Education Cess taken (for distribution) on input services

Cenvat Credit of Education Cess availed on Input Services for distribution to be mentioned here

J2.3

Credit of Education Cess distributed

Total amount of credit distributed for the month to be mentioned here

J2.4

Credit of Education Cess not eligible for distribution in terms of rule 7(b) of CENVAT Credit Rules, 2004

Credit not eligible as per rule 7(b) of Cenvat Credit Rules, 2004 requires to be mentioned here

J2.5

Closing Balance of CENVAT credit of EC  = J2.5={(J2.1+J2.2) – (J2.3+J2.4)}

Closing balance of Cenvat Credit of Education Cess requires to be mentioned here

J3  DETAILS OF CENVAT CREDIT OF SECONDARY AND HIGHER EDUCATION CESS TAKEN AND DISTRIBUTION THEREOF –

J3.1

Opening balance of CENVAT credit of SHEC

Opening balance of CENVAT Credit of SHE Cess required to be mentioned here

J3.2

Credit of SHEC taken (for distribution) on input services

Cenvat Credit of SHE Cess availed on Input Services for distribution to be mentioned here

J3.3

Credit of SHEC distributed

Total amount of credit distributed for the month to be mentioned here

J3.4

Credit of SHEC not eligible for distribution in terms of rule 7(b) of CENVAT Credit Rules, 2004

Credit not eligible as per rule 7(b) of Cenvat Credit Rules, 2004 requires to be mentioned here

J3.5

Closing Balance of CENVAT credit of SHEC = J3.5 ={(J3.1+J3.2) – (J3.3+J3.4)}

Closing balance of Cenvat Credit of SHE Cess requires to be mentioned here

J3.1

Opening balance of CENVAT credit of SHEC

Part L-  Self Assessment Memorandum – In this assessee requires to declare the  self assessment procedure followed, above particulars are in with the records and books maintained, Cenvat credit has been availed properly, interest deposited for the delay payment made, authorized person on behalf of the company for submitting the return.  This declaration to be submitted by clicking the spaced provided for this.  Further, name of the signatory, date and place should be provided

Part L- Service Tax Return preparer – If the assesssee has taken the help of Service Tax return preparer, the details of this requires to be submitted here.

By: CA Madhukar N Hiregange & CA Roopa Nayak

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Category Service Tax, Other Articles by - Madhukar N Hiregange 



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