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Service tax returns

1128 views 3 replies

bobby

Employee

86 Points Joined August 2007

Hi all,

my query is ---- the service tax is Paid/claimed on payment/Receipt basis , and not on due basis, so in the service tax retun of the period(oct-mar) which is to be filed by 25th of april., how should services is to be shown.

bcoz in books services we account for on accrual basis and in service tax return on actual recipt & payment basis.

and can anyone also download the latest service tax return.

Thanks

Replies (3)

CA Gnanika

485 Points Joined August 2007

Hi, it is simple u first download the latest ST-3 return , amount biiled -gross, u can find it from P&L A/c, for the amount received u will have to Scroll the Bank A/c or cash A/c . but if u r paying u'r service tax on receipt basis, then u will have a track of paying it ,so it will be easy to fill the return