Tax Authority extend last date for filing Service Tax 3 form

The tax authority has extended last date till April 29 for filing of Service Tax-3 return in view of difficulties being faced by tax payers with regard to Automation of Central Excise and Service Tax (ACES) website.
The Central Government has extended the date of filing of ST-3 returns to April 29 from April 25 owing to certain difficulties being faced by the taxpayers in the ACES application, official statement said.
The company will also have to furnish an undertaking
waiving its right to seek or pursue any remedy or any claim in relation to the specified tax which may otherwise be available to it under any law or under an agreement with any country.

A firm using the offer would have to pay the principal tax amount within 30 days to the designated authority determining the amount payable by the declarant.
Also, any amount paid in pursuance of a declaration shall not be refundable under any circumstances.

On the question of paying tax in instalments, CBDT said since the date of making payment under the scheme is provided in the Section 204 of the Finance Act, 2016, itself, the tax payments under the scheme cannot be allowed in instalments.
Announcing the one-time scheme of dispute resolution for companies that are facing tax demand for retrospective amendment to the I-T Act, Jaitley had said in his budget speech: "They can settle the case by paying only the tax arrears, in which case, liability of the interest and penalty shall be waived."

The sources said the government is of the view that the arbitrations are not just time-consuming but cost the government a lot, besides giving India a bad name. The settlement scheme was proposed to put an end to all that.