revised return of ST

[raj nadh]

Dear experts,

I have file ST return in time for the period apr 14 sep 14. Now i found some mistakes in that return and the revised return time is also completed.

So could you suggest that how solve the issue.

thanking you

raj nadh singh

[CSSANJAY MALHOTRA]

Dear,

ST return is to be revised within a period of 90 days and can;t be done afterwards.

Secondly the issue comes as to the amendment required to be done. If it does not impact duty liability and nothing new addition is there, approach Range Officer, he will take up with ACES for correction.

Something not declared earlier can be declared with Range Office, which may warrant penalty under Service Tax (Section 78) depending upon the gravity of information.

[KASTURI SETHI]

Sh.CS Sanjay Malhotra Ji,

Sir, Prompt and correct reply is always valuable not only for querist but also for TMI. It will bring good name to the 'Discussion Forum' which was losing its sheen due to inordinate delay in posting the reply by the experts. Now Discussion Forum is back on rail.Pl. continue to spare time for such quick participation.

[CSSANJAY MALHOTRA]

Dear Sh. Kasturi ji,

Thanks for revert and your goodself / Sh. Ganeshan ji / Mr. Mukund are too active and I hardly get time to add barring validation of your views.

But you righlty said and am sure of that soon TMI will come out with process of closing the queries not responded within a sufficient time frame which will benefit the querist also.

[YAGAY andSUN]

Dear Malhotra ji and Respected Kasturi Sir,

How can you forget me " The little Champ" of TMI. After a long gap, I'm back to achieve number one position. 

Regards,

YAGAY AND SUN

[KASTURI SETHI]

M/s.YAGAY and SUN,

Dear Sirs, Yes, it is a friendly match. I wish you all the best for achieving top position in TMI (Discussion Form) from the core of my heart. We missed you for along time because we were deprived of your knowledge on every part of the sky of taxation.

K.L.SETHI

[Ganeshan Kalyani]

Sir, the match will be interesting. The prize will be received by querist/ onlookers by way of receiving replies and the CUP of the match shall be won by TMI. We the players will be showered with the blessings alone. Best of Luck. Thanks.

[Ganeshan Kalyani]

Sir, with respect to the query I am in the agreement with the views submitted by Sri Sanjay Sir. Only if substantial disclosure is left to be unreported one should approach the Authority with a request to do the needful. Thanks.

[CSSANJAY MALHOTRA]

Dear M/s Yagay and Sun ji,

Experts were missing you hence approached TMI to do something to bring our dear friend back to field..... Sir, for me and querist, all hold No 1 if the querist present issues gets resolved. Even we all learn from each other though have not personally.

Sh. Ganeshan ji, blessings are valueless, rightly said.

 

[KASTURI SETHI]

Dear experts,

Nobody can bask in the euphoria of top position for ever. Change is the law of nature. Whenever anyone reaches saturation point, one is to step downward naturally. History is full of examples. Otherwise also there is no space above 'space'. If there is space above 'space' that is not earthly world.We cannot talk about unearthly world because we are living in the earthly world. So all of us must be equipped with sportsman spirit and benefit to the querists to the best of capacity and knowledge. TMI will be happy with this spirit as ill will or jealousy are negative thoughts and harm the the interests of TMI. We are indebted to the management of TMI who have given us platform for expression of our knowledge. Here I recall the words of M/s.Yagay and Sun. Once they said knowledge is power, if shared. Otherwise it will be rusted.

[DR.MARIAPPAN GOVINDARAJAN]

TMI is always number one in answering the queries.

AI Summary

Errors Found in 2014 Service Tax Return Post-Deadline; Corrections Possible via Range Officer, Beware Penalties for Omissions An individual discovered errors in their service tax return for April to September 2014 after the revision period had expired. An expert advised that revisions are only allowed within 90 days. If the errors do not affect duty liability, they can be corrected through the Range Officer with ACES. However, undeclared information might incur penalties under Service Tax laws. The discussion also included a light-hearted exchange among forum members about their contributions and the importance of timely and accurate responses to maintain the forum's reputation and effectiveness.