Every registered service tax assessee has to file service tax return in form ST-3 on a half-yearly basis before the due date to avoid penalty. For filing returns for the period April-September, the due date is 25 October, while for October-March it is 25 April.
The CBEC said that the due date is being extended as the assessees faced “intermittent difficulties” in accessing the Automation of Central Excise and Service Tax (ACES) website on 25 April. This, CBEC said, is “circumstances of a special nature” for which the last date for filing is being extended. As per norms, the returns have to be filed online on www.aces.gov.in.
While return is filed half-yearly, the service tax collected by the assesses has to be deposited with the government on a monthly or quarterly basis. Tax experts in India voiced concern over whether the Goods and Services Tax Network (GSTN) portal would be able to take the load of all the tax payers which would include not only service providers, but also traders and manufacturers.
The government is asking existing excise, service tax and VAT assessee to shift to the GSTN portal for payment of tax and filing returns. GST, which will unify 10 local taxes, is expected to kick in from 1 July.
Nangia and Co Director-Indirect Taxation Rajat Mohan said return filing under GST regime would necessitate much more data in terms of invoices, debit notes and credit notes that would be matched online. “After witnessing this extension of due date for filing service tax return, my concern is the government system might not be fully geared up for such large pool of tax payers and in terms of data requirement in returns,” Mohan said.
You may concern with Tax consultant in India for all queries.