Save Rs 499. Go Ad-Free with CAclubindia Pro for 2 Full Years. Subscribe Now!

Service tax paid against advance receipt

3512 views 3 replies

Anand Sanga

Accounts Executive

92 Points Posted on 20 October 2014

I have doubt about showing the Service Tax Paid on Advance Receipts. Please anyboy help on how to show the amounts in ST3 Returns, below is the example.

Service Tax Paid in April on Gross Amount Rs.110 (Breakup Rs.100 against billing and Rs.10 against Advance Receipts)

Service Tax Paid in May on Gross Amount Rs.120 (Breakup Rs.130 against billing Less: Rs.10 Service Tax paid against Advance)

In ST-3 Return

In April - B1.1 - Gross Amount - Rs.100

B1.2 - Amount received in Advance - Rs.10

In May - B1.1 - Gross Amount - Rs.130

Now, where I have to show the adjusted advance amount Rs.10.

Replies (3)

Maitri Thakkar

Article Assistant

34 Points Posted on 20 October 2014

As you have already paid service tax on rs. 10 in month April and said amount has been shown as advance in April, the same need not required to be shown in the month of May in gross amount and it should be only the amount which has been received in the month of May i.e. it should be rs. 120 in your example

Anand Sanga

Accounts Executive

92 Points Posted on 21 October 2014

Where I have to show the Rs.10 adjusted amount in Service Tax Returns, other wise the service tax challan will not tally in return

Maitri Thakkar

Article Assistant

34 Points Posted on 21 October 2014

As you have to pay tax as and when amount is received, Rs. 10 was received in April n tax is also paid in april so we have to show Rs. 10 in april month in B1.2 as advance.