https://www.taxtmi.com/article/detailed?id=6338 Manual scrutiny norms target ST 3 returns of small assesses across tax bands, with emphasis on reconciling ST 3 and income tax returns, cross verifying TDS/26AS, and documentary proof for exempted, abated and exported services. Examiners will scrutinise input tax credit eligibility on capital goods, inputs and input services, timing and reporting in ST 3, Rule 6 adjustments and advance tax reconciliations, valuation rules, pure agent treatment, and reverse charge liabilities arising from imports and domestic ledger classifications. Exhaustive disclosure, SOPs and reconciliations are recommended to mitigate penalty risk. en-us Wed, 15 Jul 2015 06:45:30 +0530 Wed, 15 Jul 2015 06:45:46 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=6338 Manual scrutiny norms target ST 3 returns of small assesses across tax bands, with emphasis on reconciling ST 3 and income tax returns, cross verifying TDS/26AS, and documentary proof for exempted, abated and exported services. Examiners will scrutinise input tax credit eligibility on capital goods, inputs and input services, timing and reporting in ST 3, Rule 6 adjustments and advance tax reconciliations, valuation rules, pure agent treatment, and reverse charge liabilities arising from imports and domestic ledger classifications. Exhaustive disclosure, SOPs and reconciliations are recommended to mitigate penalty risk. Articles Service Tax Wed, 15 Jul 2015 06:45:30 +0530 https://www.taxtmi.com/article/detailed?id=6338