DYKS No. : 507 | Date : 27/06/2017

Dear Professional Colleague,

Due dates for filing of Service Tax returns and their revision thereof announced

Dear Professional Colleague,
 
In a recent development, concerns of the industry regarding filing of Service Tax returns for the first quarter of F.Y 2017-2018 has been put to rest by announcing the dates of filing of returns for the said period and time limit for its revision thereof.
 
Vide Notification No. 18/2017-ST dated 22nd June 2017, amendment have been made to Rule 7(2) and Rule 7B(1) of Service Tax Rules, 1994 which prescribes provisions regarding Filing of Return and its revision thereof respectively, by adding a proviso to said rules. As per the said amendment, the due date for filing ST-3 or ST-3C, as the case may be, pertaining to April to June 2017 is 15th August 2017 and such return can be revised within 45 days from the date of filing of return.
 
The amendments suggested in the notification are reiterated below-
 
“In the Service Tax Rules, 1994-
  1. In rule 7, in sub rule (2),  after the second proviso, the following proviso shall be inserted, namely:-
    “Provided also that the rerun for the period from the 1st day of April 2017, to the 30th day of June, 2017, shall be submitted by the 15th day of August 2017, in form ‘ST-3’, as the case may be.”

     
  2. In rule 7B, in sub rule (1), the following proviso shall be inserted namely,:-
    “Provided that the revised return for the period from the 1st day of April 2017, to the 30th day of June, 2017, shall be submitted within a period of forty five days from the date of submission of return under rule 7.”

Hope the information will assist you in your Professional endeavors.

 

With regards,
Atul Kumar Gupta
B Com (Hons) FCA, FCMA, LLB, MIMA, CIQA, PGDEMM
Central Council Member of ICAI (2016-2019)
Former Chairman NIRC of Institute of Chartered Accountants of India
Former Chairman NIRC of Institute of Cost Accountants of India
Author of “Comprehensive Guide to Service Tax” & “GST Concept & Roadmap”
Mobile : 9810103611
Email : atul@servicetax.net