Source documents for st3

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CS SAJU PHILIP MANALEL

Company Secretary in Practise

112 Points Posted on 29 October 2013

This is regarding the source document to be shown in the ST3 for credit for cancellation u/r 6(3).

if a booking (of a flat) is done in April 2012 and tax thereon paid on 5th May 2012 and cancelled on April 2013, we can show the details of challan filed on 05/05/2012 as source documents.

If the tax has actually not been paid by cash but adjusted against CENVAT available then what source document be shown in the Return for cancellation?.

Otherwise if it possible to reverse the credit utilised in April 2012 now on cancellation in April 2013

Replies (4)

Manoj Agarwal

Service Tax Consultant Rourkela Service

2755 Points Posted on 29 October 2013

Under Rule 6(3) you should issue Credit Note for cancellation giving details for Service Tax thereon and then you can take Cenvat Credit of the service tax.

CS SAJU PHILIP MANALEL

Company Secretary in Practise

112 Points Posted on 30 October 2013

Thanks for the reply.

That means we need not to rely entirely on the challan details (public documents) instead we can generate in house proof like Credit not and quoting the Credit note number and date will be adequate enough to claim credit under Rule 6(3)

Am I right?.

regards

Saju Philip

Manoj Agarwal

Service Tax Consultant Rourkela Service

2755 Points Posted on 30 October 2013

You can take Cenvat Credit on the basis of Credit Note. And in Source Document No., you have to mention the ST-3 Return No in the format Service Tax Registration No. _Premises code_ST-3_Period of return in which the original invoice was included.

Example of Source Document No: XXXXX1234XST001_210105A_ST-3_042013