Filing st3

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

07 April 2016 A got registered as service provider and got his registration number in 2013-14. He filed his ST3 properly during that year.
In 2014-15 he did not provide any taxable service and filed NIL ST3.
In 2015-16 he was covered as small service provider and exempt till his gross receipts reached Rs 10 lakhs.. He did not cross this limit in 2015-16 so he does not come under service tax, but he is still registered as service provider, as he has not surrendered his registration.
I presume he does not have to file ST3 for 2015-16, Please clarify if my presumption is correct?

KAVIRAJA ADDANGADI

KAVIRAJA ADDANGADI (Expert)
Follow

07 April 2016 Once you are registered under service tax you are liable to pay Service tax. For 2015-16 you are liable to for service tax. Your presumption is wrong, only first time you will get exemption, after words you have to service tax even for one rupee.

Querist : Anonymous

Querist : Anonymous (Querist)

08 April 2016 Since gross receipts in previous year (2014-15) were less than 10 lakhs, he becomes small scale service provider in 2015-16 and as per notification 8/2008 he should be exempt from service tax and hence not required to file st3 if his gross receipts are less than 10 lakhs in 2015-16 as well. Considering this, please let me have your valuable advice

KAVIRAJA ADDANGADI

KAVIRAJA ADDANGADI (Expert)
Follow

08 April 2016 You will get exemption in first year, once you take registration you are liable to collect and pay Service Tax.

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now