Filing return with no tax
This query is : Resolved
Ashish Pal
(Querist)
10 August 2015
As per my understanding, i came to know that if an assessee is registered in service tax, he need not to pay service tax if he is not charging the same from the customers.
Am I right?
further i want to know that whether an assessee can file returns with no output service tax?
Am I right?
further i want to know that whether an assessee can file returns with no output service tax?
11 August 2015
1. If the assessee is liable to pay service tax, but he is not collecting it from his customers, then also he is liable to deposit service tax.
In that case, the amount received from customers will be treated as inclusive of service tax and service tax amount shall be calculated accordingly.
2. An assessee can file NIL return if there is no assessable value & NIL tax.
In that case, the amount received from customers will be treated as inclusive of service tax and service tax amount shall be calculated accordingly.
2. An assessee can file NIL return if there is no assessable value & NIL tax.
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