9911796707
TMI BlogAmends the Service Tax Rules, 1994X X X X Extracts X X X X X X X X Extracts X X X X ..... 32 of 1994) , the Central Government hereby makes the following rules further to amend the Service Tax Rules, 1994 , namely :- 1. (1) These rules may be called the Service Tax (Amendment) Rules, 2007. (2) They shall come into force on the date of their publication in the Official Gazette, unless otherwise specified. 2. In the Service Tax Rules, 1994 (hereinafter referred to as the said r ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... contained in sub-rule (4), where an assessee has paid to the credit of Central Government any amount in excess of the amount required to be paid towards service tax liability for a month or quarter, as the case may be, the assessee may adjust such excess amount paid by him against his service tax liability for the succeeding month or quarter, as the case may be. (4B) The adjustment of excess am ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ise within a period of fifteen days from the date of such adjustment.". 5. In the said rules, after rule 7A , the following rule shall be inserted, namely:- " 7B. Revision of Return .- An assessee may submit a revised return, in Form ST-3, in triplicate, to correct a mistake or omission, within a period of sixty days from the date of submission of the return under rule 7. Explanation.- ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... This certificate is issued incorporating the changes intimated by the applicant and the previous certificate of registration bearing Registration Number _______________issued on_________ stand cancelled." 8. In the said rules, in Form ST-3, in the beginning, before "For the period:" the following shall be inserted, namely:- "ORIGINAL / REVISED RETURN (strike whichever is NOT applicable)". ..... X X X X Extracts X X X X X X X X Extracts X X X X
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