Unable to revise st return (90 days period crossed)

Save Share

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

29 August 2011 Dear Experts,

I have filed my company's service tax return through E-filing for the F.Y. 2010-11.

Due to some reasons I have to revise it but 90 days period already crossed. Now I am getting error 90 days crossed.

Please guide me what should I do is there any option to revise my ST return after paying some late fees if not kindly educate me what other options available to revise ST return.

Help me !!!!!

U S Sharma

U S Sharma (Expert)
Follow

31 August 2011 what is the main purpose of revising the ST return?

if you have some adjustments you can do it in forthcoming return also, provided the balance period covers both the returns in same year.

Querist : Anonymous

Querist : Anonymous (Querist)

01 September 2011 Thanks for your reply,

We received TDS certificate of Rs. 5 Lacs on 31st March, 2011. But we are not aware of this at the time of filing service Tax return.

At the time of Audit Auditor said you should pay the Service Tax with interest of the said amount and also revise return accordingly.

We have deposited Interest on Service Tax but we are unable to revise Service Tax return.

Please suggest me for the same.

U S Sharma

U S Sharma (Expert)
Follow

01 September 2011 it means that you have additional turnover of 5 lacs in service tax

as TDS certificates were issued in may and must have reached you within june, revision of returns were open upto 25th july, what was the reason for such non compliance?

check the turnover details, and if possible then bill the amount in april 2011. as the revision after 90 days would lead your case to DC level and addition of turnover will lead suspect of concealment (wilful furnishing of wrong data)

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

Join CAclubindia WhatsApp Finance Community & stay updated with the latest TAX news, compliance alerts and important updates all in one place!