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TMI BlogRevised format for Excise and Service Tax Return- regardingX X X X Extracts X X X X X X X X Extracts X X X X ..... draft is being placed in public domain for widest possible circulation and an extensive debate from all stakeholders in trade and industry as also from all the field formations of the department. All suggestions and feedback from Trade as well as Field formations, may please be emailed at [email protected] or at [email protected] latest by 15 th May 2012. The feedback and suggestions received would be considered for revising the proposed amendments. Encl: As above DRAFT Circular No / /2012-CX Circular No. / /2012-ST F No 201/05/2011-CX.6 Government of India Ministry of Finance Department of Revenue Central Board of Excise and Customs New Delhi the 13 th April, 2012 To, All the C ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... of the said rules a. Quarterly for the individual, proprietary firm and partnership firm b. All others monthly. 5.0 Following amendments are proposed in the Service Tax Rules, 1994 to align the payment and return cycles: a. Quarterly payment and quarterly return for assesses who had paid Service Tax of Rs 25 lakhs or less including the the payments made by utilizing the CENVAT credit, during the preceding financial year. b. Monthly payment and monthly return for all other assesses who had paid Service Tax of more than Rs 25 lakhs including the the payments made by utilizing the CENVAT credit, during the previous financial year. c. Quarterly payment and quarterly return for all the new assesses. ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 5 Computation of CENVAT/ Service Tax Payable 6 Details of CENVAT Credit taken and utilized Details of Credit CENVAT/ Service Tax AED (TTA) NCCD ADE* Additional Duty** Edu. Cess*** 1 Opening Balance 2 Credit on Inputs 3 Credit on Capital Goods 4 Credit on Input Services 5 Credit from inter ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... NCCD Other Duties Cess Adjustment under STR Arrears Rule 8 Other Arrears Interest Rule 8 Other Interest Other payments *ADE levied under clause 85 of Finance Act 2005 **Additional duty of Customs levied unde ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... le at serial number 5, specify the Unique Identification number mentioned in the order for Provisional Assessment. h. Goods cleared under compounded levy scheme, indicate the aggregate duty payable in column (8) as per the compounded levy scheme. The columns not applicable may be kept blank. 4. In column (7) of Table at serial number 3, the Total Taxable/ Dutiable value means: (a) where goods attract advalorem rate of duty, the value under section 4 of Central Excise Act, 1944 (1 of 1944); (b) where goods are covered under section 4A of the Act, the assessable value as worked out under MRP after allowing deductions as provided under section 4A of the Act; (c) in case of goods for which the tariff value is fixed, such tariff va ..... X X X X Extracts X X X X X X X X Extracts X X X X
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