Long pending S.T return

[Asish Kumar Nath]

Sir,

We are proprietorship company having S.T registration since 20.01.2005 ( Reg. No.not based on Pan No.) and on 29.03.2005 we deposit S.T through TR-6. Since then we have not submitted any return and not collected any service tax. At present also we also not rendering any service . Now my question is.........

1 Can we regularise the Return? If yes, shall we submitted the return from 2005 half yearly or we just can submit the return for the 1st half of current year?

2. Are we aligible to take credit the S.T paid by us on account of Import , Clearing and handling charges, transport and courier, Telephone bills, Electricity Bills etc.

3. Is the S.T credit  Amount refundable?

Please help me in this regard.

AI Summary

Proprietorship must file nil service tax returns since 2005; electronic filing mandatory from October 2011. Late fees apply. A proprietorship company with a service tax registration since 2005 inquired about regularizing their long-pending service tax returns, as they have not submitted any returns or collected service tax since their initial deposit in 2005. They also asked about the eligibility for service tax credit on various expenses and the refundability of such credits. The response clarified the obligation to file half-yearly returns in Form ST-3, even if transactions are nil, and outlined the late fee structure. It also mentioned the requirement for electronic filing of returns from October 2011 onwards.