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A. Service Tax

1. Service Tax payment for the month of September, 2014 is due for payment on 6th October, 2014 for assesses including Individual, Proprietary Firm, Partnership Firm or LLP. It is now mandatory for all assesses w.e.f. October 1, 2014, to pay their dues through internet banking (e-payment) (In case the assessee wants to use any mode other than internet banking, a specific permission may be taken from the Assistant Commissioner/ Deputy Commissioner).

2. ST 3 Return – Half Yearly Service Tax Return (ST-3) for the period April – September 2014 is due on October 25th, 2014. The Excel Utility can be downloaded from the www.aces.gov.in/ downloads.

3. Payment under VCES – Assesses who had opted for the recently concluded VCES would have paid the 2nd and final installment by 30-6-14 (without interest). In case the same has not been paid in full, the balance can be paid till 31-12-14 (with interest).

4. VCES 3 – Assessees who had availed the VCES scheme and have done their payments in full, need to apply to the Department for VCES 3 (Discharge Certificate) giving copy of VCES 2 and all Challans. The Department has started issuing VCES 3 for assessees who have applied.

5. The old service specific codes have been restored thus assesses are required to classify the services rendered by them as per the new notification and pay accordingly in the respective accounting codes. 

6. Please note that in case you are liable to pay Service Tax (in case of services under reverse charge), you are not allowed to set it off against available balance of CENVAT credit. You need to pay the same. You can however avail CENVAT credit of this payment as in normal cases.

7. Amendment in the registration certificate is mandatory to reflect the complete set of services provided/ availed under reverse charge as per the new accounting codes.

B. Central Excise

1. Excise payment for the month of September, 2014 is due for payment on 6th October, 2014 for assesses including SSIs. It is now mandatory for all assesses w.e.f. October 1, 2014, to pay their dues through internet banking (e-payment) (In case the assessee wants to use any mode other than internet banking, a specific permission may be taken from the Assistant Commissioner/ Deputy Commissioner).

2. Excise Returns – Last date for filing of ER 1, ER 2 and ER 6 is 10th October, 2014.

C. Major Amendments in Sep 2014

Service Tax

1. Appointment of Chief Commissioners of Service Tax, Principal Commissioners of Service Tax, Commissioners of Service Tax, Commissioners of Service Tax (Audit), Commissioners of Central Excise (Audit), Commissioners Large Taxpayers Unit, Commissioners of Large Taxpayer Unit (Audit), Commissioner of Central Excise (Appeals) and Commissioners of Service Tax (Appeals) – (w.e.f. 15-10-2014) (Notification No. 20/2014-S.T., Dated 16-9-2014)

2. Delegation of Powers to Principal Chief Commissioner of Central Excise or Chief Commissioner of Central Excise or Chief Commissioner 0f Service Tax (w.e.f. 15-10-2014) (Notification No. 21/2014-S.T., Dated 16-9-2014)

3. Appointment of Officers in Directorate General of Audit, Directorate General of Central Excise Intelligence and Directorate General of Service Tax - (w.e.f. 15-10-2014) (Notification No. 22/2014-S.T., Dated 16-9-2014)

4. Clarifications w.r.t. payments to be made for first appeal and second appeal, as introduced in this year - Circular No. 984/08/2014-CX, Dated 16-9-2014

5. Guidelines on Structure, Administrative Set Up and Functions of Audit Commissionerates - Circular No.985/09/2014-Cx, Dated 22-9-2014

Central Excise

1. Jurisdiction of Principal Chief Commissioners of Central Excise, Chief Commissioners of Central Excise, Principal Commissioners of Central Excise, Commissioners of Central Excise, Commissioners of Central Excise (Appeals) or Commissioners of Central Excise (Audit) - Notification No. 27/2014-C.E. (N.T.), Dated 16-9-2014 (w.e.f. 15-10-2014)

2. Appointment of Specified Officers as Central Excise Officers - Notification No. 28/2014-C.E. (N.T.), Dated 16-9-2014 (w.e.f. 15-10-2014)

3. Delegation of Powers to Principal Chief Commissioner of Central Excise or Chief Commissioner of Central Excise - Notification No. 29/2014-C.E. (N.T.), Dated 16-9-2014 (w.e.f. 15-10-2014)

4. Clarifications w.r.t. payments to be made for first appeal and second appeal, as introduced in this year - Circular No. 984/08/2014-CX, Dated 16-9-2014

5. Guidelines on Structure, Administrative Set Up and Functions of Audit Commissionerates - Circular No.985/09/2014-Cx, Dated 22-9-2014

This is for your kind information.

Best Regards

CA. Tarun Kr. Gupta

FCA, FCS, PGDBM, B.Com (Hons.)


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Category Service Tax, Other Articles by - TARUN KUMAR GUPTA 



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