CBEC extends the date of submission of the return

F.No.137/99/2011-Service Tax Government of India Ministry of Finance Department of Revenue Central Board of Excise & Customs New Delhi, the 15th October, 2012 ORDER NO: 3/2012             In exercise of the powers conferred by sub-rule(4) of rule 7 of the Service Tax Rules, 1994, the Central Board of Excise & Customs hereby extends the date of submission of the  return for the period 1st April 2012 to 30th June 2012, from 25th October, 2012 to  25th November,2012.             The circumstances of a special nature which have given rise to this extension of time are as follows:   a)      ACES will start releasing the return in Form ST3 in a quarterly format, shortly before the due date of 25th October,2012. b)     This will result in all the assesses attempting to file their returns in a short time period, which may result in problems in the computer network and delay and inconvenience to the assesses.  (S.M. Tata) Commissioner Service Tax Central Board of Excise and Customs

SERVICE TAX RETURN DUE DATE ON 25.10.2012

SERVICE TAX RETURN DUE DATE ON 25.10.2012 PERIOD UP TO 30.06.2012 ONLY Service tax return period has been cut short for financial year 2012-13 to three months 01.04.2012 to 30.06.2012 from earlier 01.04.2012 to 30.09.2012 to be filed by 25.10.2012. Notification in this regard is given here under for your ready reference. SERVICE TAX (FOURTH AMENDMENT) RULES, 2012 - AMENDMENT IN RULE 7

NOTIFICATION NO. 47/2012 ST, DATED 28-9-2012

In exercise of the powers conferred by sub-section (1) read with sub-section (2) of section 94 of the Finance Act, 1994 (32 of 1994), the Central Government hereby makes the following rules further to amend theService Tax Rules, 1994, namely:-

1. (1) These rules may be called the Service Tax (Fourth Amendment) Rules, 2012.

(2) They shall come into force on the date of their publication in the Official Gazette.

2. In the Service Tax Rules, 1994, in rule 7, in sub-rule (2), the following proviso shall be inserted, namely:-

"Provided that the Form 'ST-3' required to be submitted by the 25th day of October, 2012 shall cover the period between 1st April to 30th June, 2012 only."

As per existing service tax rules, every assessee has to file their half yearly return for period 1st April to 30 September on or before 25th October and 2nd half yearly return for period 1st October to 31st March by 25th April every year. But this year, period for first half yearly return for service tax has been cut short to quarter and now service tax return is to be filed for period 01.04.2012 to 30.06.2012 only on or before 25.10.2012.  This change is temporary arrangement and this has been done to settle the issue arises due to implementation of negative list regime. As you are aware that w.e.f. 01.07.2012 negative list regime has been started and there is a single code has been notified to deposit service tax for all the services, so there is no idea to get return filed with individual service detail. Therefore service tax return has been bifurcated in two part, i.e. before negative regime up to 30.06.2012 and after negative service list i.e. w.e.f. 01.07.2012. Return for the period w.e.f. 01.07.2012 to 30.09.2012 has not been disclosed or notified as of now.