ST-3 return

[CA AJAY KUMAR AGRAWAL]

I request for your valuable views on a situation. Now lots of assesses get registration under Service Tax (either due to ignorance, due to misguidance of professionals or for other reasons) & their gross receipt is less than ₹ 10 Lacs. As they are registered, they are required to submit ST-3. My question is whether there is any way / provision by which in ST-3 return they can simply mention that they are eligible for exemption vide Not.No 33/2012 & not required to fill up financial details ?

AI Summary

Do individuals with gross receipts under 10 lakhs need to file ST-3 returns? Rule 7C insights. A discussion on a forum addresses whether individuals registered under Service Tax, with gross receipts below 10 lakhs, need to file an ST-3 return. Several contributors suggest filing a NIL return due to registration, referencing Rule 7C and CBEC Circular No. 97/8/2007-S.T., which states that those exempt from paying service tax are not required to file the return. It is recommended to file a NIL return and request a waiver of penalties, or alternatively, surrender the registration if consistently below the exemption threshold.