Issue related filing of New ST-3 Return (Jul-Sep) 2012-13

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..... NEW ST-3 (JULY TO SEPT12) Service Tax Sir We are the Service Provider paying 50% on Service tax on 40% of the Gross Value (under valuation rules 2A of S.T .) in Works Contract Service, while Filing New ST-3 For period of July to Sept 12 one issue arises i.e. In row B1.1 - Gross amount In row B1.6 - Amount on which service tax is payable under partial reverse charge B1.7 .....

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..... - Gross Taxable Amount For example - i am filing sheet regarding Works Contract Service - My total bill amount is = 100 (Gross amount) I am paying service tax on Rs. 40 (i.e on 40% on Gross Amount as per Valuation rules 2A of S.T then My liability is 2.472% (i.e. 50% on Tax) then in row B1.1, I AM WRITING Rs. 100 AND IN B1.6 , I AM WRITING Rs. 50 AND IN B1.7, It shows t .....

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..... he total of B1.1 to B1.6 = 150 (Gross Taxable Amount) And in B1.11, I am showing Rs.60 which is abated Net Taxable Amount showing in B1.14 Rs. 90 which is wrong. kindly Advise in this regard at earliest - Reply By Rakesh K Paliwal - The Reply = Sir, you should put the amount In row B1.6 - Amount on which service tax is payable under partial reverse charge, only - Issue related filing .....

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..... of New ST-3 Return (Jul-Sep) 2012-13 - Query Started By: - meil megha Dated:- 5-4-2013 Service Tax - Got 1 Reply - Service Tax - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

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