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

[meil megha]

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 -  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 the 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

Posts / Replies

[Rakesh K Paliwal]

Sir,

you should put the amount In row B1.6 - Amount on which service tax is payable under partial reverse charge, only