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Vces 2013

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PURUSHOTTAM REDDY

Practising CA

21 Points Posted on 03 December 2013

Dear Members,

Please suggest in this regard.

Our one of Cleint has filed NIL Returns 2008- 2011 During this period he has not collected any Serice Tax Amount from Tenant. And He surrnder his STC- 2011

Now he want to pay the Service Tax Under VCES Scheme from 2008 to Dec-2012.Even though he has collectes ST Amount from the Tenant .Because Implementation of New Scheme he wants to Pay the Service Tax for availing the benifit of Interest of Penalty.

Now He got new STC No and for the F.Y 2013-14 he is filing regular returns with payments.

Our Question is for this Assessee VCES Scheme is applicable or not Please suggest in this regard.

Thanking You,

REGARDS

CA.Purushottam Reddy.K

Replies (1)

Harendra Kumar

Tax Advisor

1502 Points Posted on 03 December 2013

Sir,

In my view both are the separate issue you are taken the Ser-Tax registration in 2008 and filed the NIL Return ( ST-3), during the period 2008-2011 and surrender the Certificate in 2011, in this regard if the Department not raised the any quiry for recovering the Govt. Dues. It is good for you. This matter is closed.

Now you are applied fresh Registration and recived the same, if you not recd. any correspodence regarding recovery said registration, so that you are eligibal for VCES during the period 2008 to 2012.

Further also advise to you that if you surrender the Old Registration during the period 2008-2011 then why are you agressive for pay during the period 2008-2011.

May be quires raised by the Dept. due to reason because you have taken Registration and not paid the Govt. duty and also surrender the same.

And you want to pay Govt dues during the period 2008 to 2011 from New Registration.

You are both option is open go to VECS.