E-Return filing Compulsory for all dealers whose, taxable turnover exceeds Rs.50 lakhs – Gujarat Vat

No. (GHN-39) VAR-2010(287) / TH115%;font-family:”Times New Roman”,”serif””> – WHEREAS certain draft rules were published as required by sub-section (4) of section 98 of the Gujarat Value Added Tax Act, 2003 (1of 2005) at pages 244-1 to 244-2, in the Gujarat Government Gazette, Extra Ordinary, Part IV B, dated the 23rd July, 2010 under the Government Notification, Finance Department No. (GHN-24) VAR-2010(26)-TH dated the 23rd July, 2010 inviting objection or suggestions from all persons likely to be affected hereby within a period of fifteen days from the date of publication of the said notification in the Official Gazette.

Due Date of Service Tax Return has been Extended

Due Date of Service Tax Return for April to June 2012 has been Extended to 25th November 2012

As per the previous service tax rules every tax payers had to file their half yearly return for the period 1st April to 30th September on or before 25th October and the second half yearly return from 1st October to 31st March by 25th April. But now as per the amendment in Rule 7 every assessee needs to file their service tax return for the period 01.04.2012 to 30.06.2012 instead of 01.04.2012 to 30.09.2012 and the due date of the returns remains the same as per the Notification No. 47/2012 ST, Dated 28/09/2012 but now it has been extended from 25th October 2012 to 25th November 2012.

Please note the following Amendment in Rule 7 – 

Rule 7 of the Service Tax Rules, 1994 – Returns – Extension of Time to File Return in Form ST3 ORDER NO – 3/2012 [F.NO.137/99/2011-ST], DATED 15-10-2012

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 assessees 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 assessees.

Then there arise a general query among the assessee that what about the return of the period 1st July 2012 to 30th September 2012, for this the department comes with clarification on 28th September 2012 that they will inform the conclusion of next period in due course. Thus, it has not been disclosed or notified about the service tax return for the period 1st July 2012 to 30th September 2012. We will inform you as and when there is any progress in that regard.

Note: Service Tax assessees are hereby informed that they will not be able to file ST 3 returns in ACES now and have to wait until the modified version of ST 3 Form is made available in a few weeks. Please revisit ACES website (http://www.aces.gov.in) for further information.