Due date for service tax return for April to June 2017 is 15th August 2017

Due date for service tax return for April to June 2017 is 15th August 2017

Service tax return to be filed for the period 01.04.2017 to 30.06.2017

 

•  Generally the service tax returns are filed half yearly. Due date for service tax return for April to June 2017 Service tax return to be filed for the period 01.04.2017 to 30.06.2017
• Generally the due dates for filing the service tax returns are  25th October for the first half of the year (i.e. from 1st April to 30th September) and  25th April (or extended) for the second half of the year (i.e. from 1st October 31st March).

•  But as this year the GST tax regime will be implemented, all the indirect taxes will be subsumed into GST. So there will be no further applicability of service tax.

• So there arises a need to file returns for the 1st quarter (i.e. from 1st April,2017 to 30th June,2017) unlike the regular half yearly return.  The due date for the above period (1.e. 01.04.17 to 30.06.17) is 15th August 2017 which is notified vide notification no. 18/2017. This return needs to be filed in form ST - 3 or ST - 3C as may be applicable. {The above changes are done by way of insertion after the second proviso of  rule 7, in sub rule 2 }

• The due date for the above period (1.e. 01.04.17 to 30.06.17) is 15th August 2017 which is notified vide notification no. 18/2017. This return needs to be filed in form ST - 3 or ST - 3C as may be applicable

• The service tax return which is to be filed for the period of 1st April,2017 to 30th June,2017 can be revised within 45 days of filing the original return.  {The above changes are done by way of inserting a proviso in  rule 7B, in sub rule 1 }

• The service tax return filed will help in availing the input credit.

To check the official notification no. 18/2017 dated 22nd June 2017 click here Compiled by CA Ankita Khetan