revision of service tax return

[yogesh sahu]

Can a service tax return, for the half year ending september'2009, be revised now . if not, then what is the procedure to rectify the mistake detected now.

[NEERAJ KUMAR, RANCHI]

revised return can be filed only within ninety days from the date of filing original return.

[NEERAJ KUMAR, RANCHI]

Now rectification depends the mistakes detected. Let me know the mistake that occured.

[Mahir S]

Under rule 7B of Service tax rule 1994. an assessee may submit a revised return, in Form ST-3, in triplicate, to correct a mistake or omission, within a period of ninety days from the date of submission of the return under Rule 7. However, where an assessee submits a revised return, the „relevant date‟ for the purpose of recovery of service tax, if any, under section 73 of the Finance Act, 1994, shall be the date of submission of such revised return

Your case is different and unique and require to be considered on the nature of the mistake detected by you. It is better to personally take advise of any Chartered Accountant/Consultant in the matter.

(Let me clarify here that i am not a Consultant and i mean someone other than myself).

AI Summary

Revision of service tax return limited by statutory time-bar; revised filing shifts the relevant date for recovery.
An assessee may file a revised service tax return in Form ST-3 to correct mistakes or omissions; submission of a revised return makes the relevant date for recovery the date of that submission. Revision is subject to a statutory time limit measured from the original return's filing, and if that limit has passed, rectification depends on the nature of the mistake and may require alternative procedures and professional advice.