Tax Query India: May Maa Durga empower u & ur family with her Nine ...

Tax Query India: May Maa Durga empower u & ur family with her Nine ...: May Maa Durga empower u & ur family with her Nine Swaroopa of Name, Fame, Health, Wealth, Happiness, Humanity, Education, Bhakti & Shakti. ...

May Maa Durga empower u & ur family with her Nine Swaroopa of Name, Fame, Health, Wealth, Happiness, Humanity, Education, Bhakti & Shakti. *HAPPY NAVRATRAS* Regards: Team & Members of  www.taxqueryindia.com

E-filing of Service Tax Return

All Service Tax assessees are hereby informed that they will not be able to file ST 3 returns in ACES now and have to wait until the modified version of ST 3 Form is made available in a few weeks. Please revisit ACES website for further information. For details please see What's New Section above. Inconvenience caused is regretted.                   CBEC implements Negative list of Services w.e.f 1-7-2012. The modified Service Tax Registration Form is now available in ACES.                   CBEC proposes to introduce new registration and return forms. Please see details under 'What's New Section' and send your comments/suggestions to CBEC.                   Dealers, who imported goods or purchased goods from Importers, can now enter their own IEC Codes or of the Importers and file Dealer returns in ACES (for details see What's New )                   Please use New offline Downloadable returns of CE, as available in Download Section of ACES website, to file returns                   XLS Upload of premises in Registration form, Print Acknowledgement and ER7 Return - now available under ACES (refer Whats New Section above for details)                   In accordance with Notification No. 20/2011 CE(NT) dated 13.09.2011, the new ER-3 return is available in ACES.                   Visit 'HELP' section above, for detailed steps for registering with ACES by New Assessees & Existing Assessees (using TPIN mail) & the procedure to unblock the Account                   CBEC issues revised circular on Procedure for electronic filing of Central Excise and Service Tax Returns ( refer Whats New Section above for details)                   E-filing of Central Excise Returns (ER-1,2,3,4,5,6,7 & 8) made mandatory for All Assessees wef 01.10.2011 ( see Whats New section for details)                   E-filing of Service Tax Returns (ST-3) made mandatory for All Assessees wef 01.10.2011 (see Whats New section for details)                   1005 ACES CFCs setup in 260 cities across India                   Central Excise & Service Tax Assessees, who are yet to provide their e-mail IDs to the Department are requested to provide the same to their jurisdictional officers to register with ACES

LEVY OF SERVICE TAX ON RAILWAY PASSENGERS TRAVELLING IN AC CLASS/FIRST CLASS FROM 1st OCTOBER 2012

The Central Government while introducing the provisions of negative list vide Finance Act, 2012 made the service in relation to transportation of passengers by railways in the first class or an air conditioned coach, taxable. However, the same was exempted up to 30-09-2012 vide the notification no 43/2012-ST dated 02-07-2012. Now, vide Press Release of Ministry of Finance dated 27-09-2012, Service Tax in case of railway travel, which was earlier exempted will belevied on the fare of passenger services in the following classes from 1st October 2012:

(i)           AC First Class,

(ii)         Executive Class,

(iii)       AC-2 tier Class,

(iv)        AC-3 tier class,

(v)          AC Chair Car class,

(vi)        AC Economy class and

(vii)      First Class.

In this regards, vide notification no 26/2012-ST dated 20-06-2012 an abatement of 70% has been permitted on passenger services and accordingly the Service Tax will be charged on 30% of total fare including reservation charge, development charge, and superfast surcharge.