Sir,
Kindly clarify the following questions in relation to service tax return (ST-3) for the period from October to March, 2016:-
1. Whether the Education Cess and Secondary Education Cess is need to be entered separately in ST3 return for the period from October to March, 2016 as these cesses are subsumed in the service tax rate @ 14% with effect from June1, 2015?
2. The Swatch Bharat Cess @ 0.50% is applicable from 15th November, 2015 only. My question is when we mention the value of taxable service and service tax payable for the period from October to December, 2015 the Swatch Bharat Cess payable is showing for the entire three months as it is applicable from 15th November, 2015 only i.e. for 1& ½ months only. Sir, how can I adjust the difference of SBC in ST-3 return for the above period?
Look forward to receive your response at the earliest.
Regards,
Vijay Kumar
CAclubindia
