Service tax below 10 lacs and filing of return

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Querist : Anonymous

Querist : Anonymous (Querist)

31 May 2017 Service Tax Registration Date is 10/02/2017
Nature of Service Provided; Renting of Commercial Building
Monthly rent = 80,850
Half yearly rent = 4,85,100
Yearly rent = Rs. 9,70,200

3 QUESTIONS

1. There is no service tax collected, because rent collected is below 10 lacs and, No other services provided. while filing the ST – 3 return, what is the, service provided amount should be shown in the ST3 return (4,85,100 or zero) and what is the exemption notification (for non-collecting tax) , should be selected for non-payment of service tax.

2. Service tax registration date is 10/02/2017, whether service tax return should be filed for the half year ended 30th September 2016.

3. What is the penalty for delay in filing the ST 3. (No service tax liability.)

Bhaskaran Chackrapani Warrier

Bhaskaran Chackrapani Warrier (Expert)
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31 May 2017 1.Since registration is taken on 10.2.2017, 1/2 yearly return ending 31.3.2017 has to be filed. In the said return show the rent amount in column B1.1 and B1.12. In the inner column of B1.12 write Notification 9/2008. Need not fill rest of the columns,it will automatically generate the value as 0.

2. No need to file return ended 30.9.2016.

3. Late filing fee can be waived since tax is 0 .

Querist : Anonymous

Querist : Anonymous (Querist)

01 June 2017 sir thank you very much giving the right solution. Sir whether to select the notification number 9/2008 or Notification No. 33/2012. kindly suggest

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