Service tax

Dear Nandhini,

The service tax return is required to be filed under Section 70 of the Act read with rule 7 of the Rules, by 'any person liable to pay the service tax'. This return is required to be filed on a half yearly basis, in Form ST-3. For the periods from April to September and October to March, it must be filed by the 25th October and the 25th April respectively.

Where the return prescribed under rule 7 is furnished after the date prescribed for submission of such return, the person liable to furnish the said return shall pay to the credit of the Central Government the following amount.

Provided also that where the gross amount of service tax payable is nil, the Central Excise officer may, on being satisfied that there is sufficient reason for not filing the return, reduce or waive the penalty.

So in my opinion start filing the Service Tax return now after paying yr current service tax liability and in case you will receive any notice just satisfy the AO. I hope u know how to satisfy him.

Regards

Rohit Gupta

RHT1203 @ gmail.com