Revise return.

[Asked by Guest]

How to revise the return.

[Ravi Chopra]

There is no specific provision in the servie tax for revising a return. But, in general revision may be categorized in to two (i) short payment or any other error on the return (ii) excess payment of service tax and shown as service tax paid amount. In case of short payment, your may deposit the short amount of service tax and intimate the department suitably or submit a corrected return alonghwith a letter explaining the details thereof. In case you have paid the service tax and shown as service tax paid, you have an option to apply for refund of servie tax within one year from the relevant date.

At present there is no provison of revising return.

AI Summary

Service tax return revision: no formal provision; correct short payments or pursue refund for overpayments.
There is no statutory provision for revising service tax returns. Practically, errors are treated as either short payments-remedied by depositing the shortfall and informing the department or filing a corrected return with an explanatory letter-or excess payments, which may be pursued by filing a refund application within the legally prescribed time from the relevant date.