Revise of Service tax Return

[Asked by 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

Revised return rights: eligibility limited to originally filed returns and filing restarts the limitation period.
A revised service tax return may be filed to correct mistakes or omissions only if the original return was filed under the normal return provision; a revised return must be filed within a specified period from the original filing, a belated return cannot be revised, and a revised return cannot itself be revised. For limitation purposes, the period for raising and recovering demands begins from the date the revised return is filed.