GOVERNMENT OF INDIA
MINISTRY OF FINANCE
(DEPARTMENT OF REVENUE)
New Delhi, the 2nd September, 2008
11, Bhadrapada 1930 (Saka)
Notification No. 31/2008-Service Tax
G.S.R. (E) In exercise of the powers conferred by section 94 of the Finance Act, 1994 (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 (Third Amendment) Rules, 2008.
(2) They shall come into force on the date of their publication in the Official Gazette.
2. In the Service Tax Rules, 1994, in Form ST-3,-
(i) after serial No.3 and the entries relating thereto, the following shall be inserted, namely,-
“ 4. Amount of service tax paid in advance under sub-rule(1A) of rule 6
|
Month/Quarter** |
Apr/ Oct |
May/ Nov |
June/ Dec |
July/Jan |
Aug/Feb |
Sept/Mar |
|
(1) |
(2) |
(3) |
(4) |
(5) |
(6) |
(7) |
| (a) |
Amount deposited in advance |
|
|
|
|
|
|
| (b) |
Challan Nos. |
|
|
|
|
|
|
| (c) |
Challan dates |
|
|
|
|
|
”. |
** Assessee liable to pay service tax on quarterly basis may furnish details quarter wise i.e. Apr-Jun, Jul-Sep, Oct-Dec, Jan-Mar
(ii) in serial No. 4A, in entry (I),
(a) in item (a), after sub-item (ii)and the entries relating thereto, the following shall be inserted, namely,-
|
Month/Quarter** |
Apr/ Oct |
May/ Nov |
June/ Dec |
July/Jan |
Aug/Feb |
Sept/Mar |
|
(1) |
(2) |
(3) |
(4) |
(5) |
(6) |
(7) |
|
“(iia)by adjustment of amount earlier paid in advance and adjusted in this period under rule 6 (1A). |
|
|
|
|
|
”. |
(b) in item (b), after sub-item (ii)and the entries relating thereto, the following shall be inserted, namely,-
|
Month/Quarter** |
Apr/ Oct |
May/ Nov |
June/ Dec |
July/Jan |
Aug/Feb |
Sept/Mar |
|
(1) |
(2) |
(3) |
(4) |
(5) |
(6) |
(7) |
|
“(iia)by adjustment of amount earlier paid in advance and adjusted in this period under rule 6 (1A).
|
|
|
|
|
|
”. |
(c) in item (c), after sub-item (ii) and the entries relating thereto, the following shall be inserted, namely,-
|
Month/Quarter** |
Apr/ Oct |
May/ Nov |
June/ Dec |
July/Jan |
Aug/Feb |
Sept/Mar |
|
(1) |
(2) |
(3) |
(4) |
(5) |
(6) |
(7) |
|
“(iia)by adjustment of amount earlier paid in advance and adjusted in this period under rule 6 (1A). |
|
|
|
|
|
”. |
(iii) in serial No. 5A, after item (c) and the entries relating thereto, the following shall be inserted, namely,-
|
(1) |
(2) |
| “(d) |
If any one of the (a) and (b) is ‘yes’, and (c) is ‘no’, which option is being availed under rule 6 (3) of the Cenvat Credit Rules, 2004
|
|
(i) Opted to pay an amount equal to 10% of the value of exempted goods and 8% of the value of exempted service (Y/N); or
|
|
(ii) Opted to pay an amount equivalent to CENVAT Credit attributable to inputs and input services used in or in relation to manufacture of exempted goods or provision of exempted service (Y/N).
|
|
(iv) after serial No. 5A and the entries relating thereto, the following shall be inserted, namely,-
“5AA Amount payable under rule 6 (3) of the Cenvat Credit Rules, 2004
|
Month |
Apr/ Oct |
May/ Nov |
June/ Dec |
July/Jan |
Aug/Feb |
Sept/Mar |
|
(1) |
(2) |
(3) |
(4) |
(5) |
(6) |
(7) |
| (a) |
Value of exempted goods cleared |
|
|
|
|
|
|
| (b) |
Value of exempted services provided |
|
|
|
|
|
|
| (c) |
Amount paid under rule 6(3) of Cenvat Credit Rules, 2004, by CENVAT Credit |
|
|
|
|
|
|
| (d) |
Amount paid under rule 6(3) of Cenvat Credit Rules, 2004, by cash |
|
|
|
|
|
|
| (e) |
Total amount paid= (c) +(d) |
|
|
|
|
|
|
| (f) |
Challan Nos, vide which amount mentioned in (d) is paid |
|
|
|
|
|
|
| (g) |
Challan dates |
|
|
|
|
|
”. |
(v) in serial No. 5B, in entry (I), in item (c), for the words, symbols, brackets and figures “ Total credit utilized=(i+ii+iii+iv+v)”, the following shall be substituted, namely,-
|
Month/Quarter** |
Apr/ Oct |
May/ Nov |
June/ Dec |
July/Jan |
Aug/Feb |
Sept/Mar |
|
(1) |
(2) |
(3) |
(4) |
(5) |
(6) |
(7) |
|
“(vi) for payment under rule 6 (3) of the Cenvat Credit Rules, 2004
|
|
|
|
|
|
|
|
Total credit utilized=(i+ii+iii+iv+v +vi) |
|
|
|
|
|
”. |
(vi) in the Annexure to instruction, the following shall be inserted in the end, namely,-
| Service |
Sub-clause No. |
| “Information technology software services for furtherance of business or commerce. |
(zzzze) |
| Management of investment under unit linked insurance business (ULIP) scheme |
(zzzzf) |
| Stock exchange services |
(zzzzg) |
| Services provided by a recognized/registered association (commodity exchanges) for transaction in goods or forward contracts. |
(zzzzh) |
| Processing and clearing house services in relation to processing, clearing and settlement of transactions in securities, goods or forward contracts |
(zzzzi) |
| Supply of tangible goods services |
(zzzzj)”. |
(Ashima Bansal)
Under Secretary to the Government of India
[F. No. 137/108/2008-CX.4]
Note.- The principal rules were notified vide notification No. 2/94-Service Tax, dated the 28th June 1994 and published in the Gazette of India, Extraordinary vide number G.S.R.546 (E), dated the 28th June 1994 and were last amended vide notification No. 19/2008-Service Tax, dated the 10th May, 2008 which was published vide number G.S.R. 364(E), dated the 10th May, 2008.