Nill Return

Dear Das,

Your query is confusing, what is your query and what does it pertains to.....

 Dear,

Once u r registered, u need to file ST3 every half yearly irrespective of the amount of taxable services.

If the taxable amount is not likely to pass exempted limit, then u can surely apply for surrender. (even i would suggest that). On attracting this liability again in future, u can definitely apply again for registration. Not an issue.

Make sure that teh surrender of Registration does not entitle u of any Credit that u might have taken in case u r registered.

 

 Make sure that surrender of registration does not disentitle u of any credit taht u might have taken if u were registered. 

 

Dear sir,

your last line is a bit confusing

I just want to get another answer fom you that if i submit a Nill return as for within the exemption limit, then can i adjust any accumulated cenvat credit on Service tax in next year if serice tax become payble due to crossing the barier of exemption limit

 see, if u have any credit that can b utilized against ur ST liability, then File ur NIL Return with details of Credit. Next year u can claim this credit against ur ST Liability...that is what i think

 

  As per my view, When u r claiming exemption on outward service, u can not claim INPUT SERVICE TAX pertaining to exempted services. So there is no question arises to utlise Service Tax Credit in nex year or at an future date

 Hi Surenji,

Can u help me out?

My client is registered with effect from 1-7-08. Filed ST1 for first half as NIL. have to file ST3 for second half... He has not rendered any taxable services however this april may he will cross 10 lacs easily.

During 08-09m he has paid Service tax on services availed Rs. 100000/- Shall i mention this Credit detail in ST3 so that i can get it in next year 2009-2010 ST3?

it is advisable to submit a letter to the concerned range superintendent stating that the excess paid amount will be carried forward against tax on the subsequent period. at the time of filing the return for the subsequent period the same acknowledged letter can be attached.