<?xml version="1.0" encoding="UTF-8"?>
<?xml-stylesheet type="text/xsl" href="https://www.taxtmi.com/rss_sitemap/rss_feed_blog.xsl?v=1750492856"?>
<rss version="2.0" xmlns:atom="http://www.w3.org/2005/Atom">
  <channel>
    <title>Service Tax (Amendment) Rules, 2008 - Self Adjustment of Advance Service Tax, Period of revised return and reduction of penalty for non filing of NIL return</title>
    <link>https://www.taxtmi.com/notifications?id=6487</link>
    <description>The Amendment permits voluntary advance payment of service tax and adjustment against subsequent liabilities; payers must intimate the jurisdictional Superintendent within fifteen days and disclose advances and adjustments in the subsequent return under section 70. It raises the monetary threshold in rule 6(4B)(iii), extends the revised return period under rule 7B to ninety days, and authorises reduction or waiver of penalty under rule 7C where gross service tax payable is nil and sufficient reason exists for non-filing.</description>
    <language>en-us</language>
    <pubDate>Sat, 01 Mar 2008 00:00:00 +0530</pubDate>
    <lastBuildDate>Wed, 11 Jan 2012 14:51:00 +0530</lastBuildDate>
    <generator>TaxTMI RSS Generator</generator>
    <atom:link href="https://www.taxtmi.com/rss_feed_blog?id=272667" rel="self" type="application/rss+xml"/>
    <item>
      <title>Service Tax (Amendment) Rules, 2008 - Self Adjustment of Advance Service Tax, Period of revised return and reduction of penalty for non filing of NIL return</title>
      <link>https://www.taxtmi.com/notifications?id=6487</link>
      <description>The Amendment permits voluntary advance payment of service tax and adjustment against subsequent liabilities; payers must intimate the jurisdictional Superintendent within fifteen days and disclose advances and adjustments in the subsequent return under section 70. It raises the monetary threshold in rule 6(4B)(iii), extends the revised return period under rule 7B to ninety days, and authorises reduction or waiver of penalty under rule 7C where gross service tax payable is nil and sufficient reason exists for non-filing.</description>
      <category>Notifications</category>
      <law>Service Tax</law>
      <pubDate>Sat, 01 Mar 2008 00:00:00 +0530</pubDate>
      <guid isPermaLink="true">https://www.taxtmi.com/notifications?id=6487</guid>
    </item>
  </channel>
</rss>