NEW ST-3 (JULY TO SEPT12)

[POLYPLEX CORPORATIONLTD]

Sir

We are paying service tax under reverse charge method in GTA, Works contract, manpower supply & rent a cab. while Filing New ST-3 For period of July to Sept 12 one issue arises i.e.

In row B2.1 - Gross amount (excluding amounts paid in advance, amounts taxable on payment basis, for which bills/invoices/challans or any other document may not have been issued) for which bills/invoices/challans or any other documents are issued relating to service received or to be received

& In row B2.7 - Amount on which service tax is payable under partial reverse charge

B2.8 -  Gross Taxable Amount - B2.8 = B2.1+B2.2+B2.3+B2.4+B2.5+B2.6+B2.7

 

For example - i am filing sheet regarding manpower supply - 

My total bill amount is = 100 (Gross amount)

I will be pay service tax on rs 75 as per reverse charge mechanism

then in row B2.1, I AM WRITING RS 100

AND IN B2.7 , I AM WRITING RS 75

AND IN B2.8, It shows the total of B2.1 to B2.7 = 175 (Gross Taxable Amount)

Which is wrong 

kindly advice

[SUMEDH AYARE]

WRITE 75 IN B2.7 (DONT WRITE ANY AMOUNT IN B2.1) WHEN YOU CLICK ON B2.7 YOU WILL NOTICE A HIDDEN COMMENT WHICH IS SELF EXPLANATORY.

AI Summary

Reverse charge reporting: report only the amount on which service tax is payable under partial reverse charge, not gross receipts. Do not enter the gross bill amount in B2.1 when service tax is payable by the recipient under the reverse charge mechanism; enter only the taxable amount on which the recipient is liable in B2.7. A hidden comment in the B2.7 field explains this rule and prevents double-counting in the B2.8 aggregate.