Revise of Service tax Return

[Guest]

Whether we can revise the service tax return if yes, then when ?

[Surender Gupta]

Kindly see the replies to question no. 50 (ID = 50) an identical issue dated 12-1-2006.

[rishi mohan]

Yes sir, a service tax return can be revise.

[NANDKUMAR SAGWEKAR]

Yes you can revise your service tax return

 

As per provision (Rule 7B) has been incorporated in the rules to provide provisions of filing a revised return. Accordingly, in case there is a mistake or omission in the original return, a revised return can be filed with in a period of 90 days from the date of filing of original return,

As per the provisions of rule 7B a return can be revised only if the original return has been filed under rule 7. Means thereby, a revised return can not be revised again. Similarly, a belated return can not be revised under rule 7B.

Further, for the purpose of limitation of time period for raising demand and recovery of dues, the time limit will commence from the date on which revised return has been filed.

AI Summary

Revising Service Tax Returns: Rule 7B Allows Corrections Within 90 Days of Original Filing, No Further Revisions Allowed. A discussion forum addressed the query about revising a service tax return. Three contributors responded. One advised consulting a previous similar query. Another confirmed that a service tax return can be revised. The third response detailed that under Rule 7B, a revised return can be filed within 90 days of the original filing if there is an error or omission. The revised return cannot be revised again, and belated returns are not eligible for revision. The time limit for demand and recovery of dues starts from the date the revised return is filed.