Service tax reporting: ST-3 now requires disclosure of advance payments and Cenvat payment adjustments in returns. The ST-3 return is amended to require a schedule for advance service tax deposits and their adjustment, to add election and reporting lines for Cenvat obligations for exempted outputs including a new table (5AA) capturing values of exempted goods and services and amounts paid by credit or cash with challan references, and to expand the credit-utilisation calculation to include payments under the Cenvat option; the Annexure of services is also extended to include specified service categories.
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Provisions expressly mentioned in the judgment/order text.
Service tax reporting: ST-3 now requires disclosure of advance payments and Cenvat payment adjustments in returns.
The ST-3 return is amended to require a schedule for advance service tax deposits and their adjustment, to add election and reporting lines for Cenvat obligations for exempted outputs including a new table (5AA) capturing values of exempted goods and services and amounts paid by credit or cash with challan references, and to expand the credit-utilisation calculation to include payments under the Cenvat option; the Annexure of services is also extended to include specified service categories.
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