Query - service tax return

[madhavvan n]

In the Service tax return ST-3 form column F gross amount received against service provided should the entire taxable and non taxable be taken what happens if a trader sells some products which is liable to VAT is this to be taken as non taxable service

[Guest]

Trading activity is neither a taxable service nor an exempt service. Trading activity is not falling within the perview of exempted services and therefore, the value of trading activity may not be shown as non-taxable / exempted service

AI Summary

Trading activity not a taxable service: sales of goods subject to goods tax should not be reported as non taxable service in returns. Receipts from sale of goods do not constitute a taxable or exempt service for service tax purposes; trading activity should not be shown as non taxable or exempted service in the ST 3 return and must be treated under the applicable goods tax regime instead.