Monday, October 24, 2011

Service-tax Due date

Service-tax Due date extended

The Central Board of Excise and Customs has extended the due date for half yearly return for the period April 2011 to September 2011 from 25th October 2011 to 26th December 2011.

ORDER NO. 1/2011 - SERVICE TAX, DATED 20-10-2011
SECTION 70 OF THE FINANCE ACT, 1994 - FURNISHING OF RETURNS - DATE OF FILING RETURN EXTENDED FOR PERIOD APRIL 2011 TO SEPTEMBER 2011 FROM 25-10-2011 TO 26-12-2011

In exercise of the powers conferred by Rule 7(4) of the Service Tax Rules, 1994 read with Notification No. 48/2011- Service-tax, dated 19th October 2011, Central Board of Excise and Customs hereby extends the date of submission of half yearly return for the period April 2011 to September 2011 from 25th October 2011 to 26th December 2011.

This is being done in view of the fact that the e-filing of service tax returns for all class of service tax assessees has been made mandatory for the first time vide Notification No. 43/2011- Service-tax, dated 25-8-2011, as such leaving less time for the trade to adjust to the requirement of e-filing.