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ST 3 E-filing Report [Service Tax] in Tally.ERP 9

As per the latest rule, ST3 Electronic filing is mandatory with effect from October 1, 2011. Every Service Tax Assessee is required to file Half Yearly Return electronically irrespective of service tax paid.

To file the returns electronically, CBEC has provided the Excel Format where assessees can enter the values manually and generate the file in XML format and upload the same in ACES Website.

To support the new Negative List concept introduced and implemented with effect from 1st July 2012, CBEC has provided a new format for filing ST3 returns from July 2012. Returns for any filing period prior to 1st July 2012 should be filed as per the old ST3 format.

In Tally.ERP 9, to facilitate the users to fill the details in Excel file, the ST3 E-filing Format has been provided.

To view the ST3 E-filing,

Go to Gateway of Tally > Display > Statutory Reports > Service Tax Reports > ST3 > E-filing

In Form ST3 E-filing configuration screen,

  1. In Period For field, select the period for which ST3 Report is to be printed. ST3 Form being a half-yearly return, Tally.ERP 9 displays two Period options

  2. April - September

  3. October - March

Note:

1. The current period set in Gateway of Tally will determine the periodicity of the return. If the Assessment year is 2012-13, then thePeriod For field will display three options - April to June, July to September and October to March. However, if the Assessment year is 2013-14, then the Period For field will display only two options - April to September and October to March.

 

2. If the service category selected in Tally.ERP 9 is either Taxable, Negative List or Exempt services, then the service category for such transactions should be updated as per the comprehensive list of service categories. For more information, refer Update Service Categoryreport.      

 

Since, the assessment year 2012-13 is considered as an example, the filing cycle - July to September is selected.  

  1. Specify the Place and Date.


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The Print Preview of ST3 E-filing appears as shown:

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To view the E-filing format of the old ST3 return, click .

Description of the fields

PART-A

General Information

A1:

The Type of Return, as selected in the Form ST-3 Printing Configuration screen is ticked here.

A2: STC Number:

The Service Tax Registration Number, a 15-digit PAN based Service Tax Code is captured here. This number is mentioned in the Company Service Tax Details screen that appears when the options Enable Service Tax and Set/Alter Service Tax Details are enabled in F11: Statutory & Taxation.

A3: Name of the Assessee:

The Company Name entered in the Company Creation/Alteration screen is captured here.

A4: Financial Year:

The financial year during which the return is filed is captured here. For example: If the return is filed for the quarter July to September 2012, then the Financial Year will be 2012-2013.

A5: Return for the Period:

The period for which the return is filed, as selected in the ST3 printing Configuration screen, is captured here. As per the above example, July to Septemberwill be captured in this field.

A6:

A6:1 Has the assessee opted to operate as “Large Taxpayer” Unit [‘Y’/’N’](As defined under Rule 2(ea) of the Central Excise Rules, 2002 read with Rule 2 (1) (cc) of the Service Tax Rules, 1994):

If the option Is Large Tax Payer Unit is enabled in the Company Service Tax details screen, then the text - Yes will be captured in this field.

A6.2 If reply to column A6.1 is Yes, name of Large Taxpayer Unit opted for:

If the column A6.1 is Yes, then the name of the Large Taxpayer Unit as mentioned in the field Large Tax Payer Unit of the Company Service Tax Detailsscreen will be captured here.

A7 Premises Code Number:

The Premises Code Number mentioned in the Company Service Tax Details screen will be captured here.

A8 Constitution of the assessee:

This column will be appropriately ticked as per selection of the Type of Organisation in the Company Service Tax Details screen.

A9 Taxable Service(s) for which tax is being paid:

All the Service Categories for which the assessee raises an invoice or is liable to pay service tax will be listed here.

A10 Assessee is liable to pay service tax on this taxable service as:

A10.1 A Service Provider under Section 68(1):

This box is ticked if the assessee, being a service provider is liable to pay service tax.

A10.2 A Service Receiver under Section 68(2)

This box is ticked if the assessee is liable to pay service tax on the services received.

A10.3 A Service Provider under partial reverse charge under proviso to Section 68(2)

This box will be ticked if any reverse charge service is rendered for the service category.  

A10.4 A Service Receiver under partial reverse charge under proviso to Section 68(2)

This box will be ticked if any reverse charge service is received for the service category.

A10.5 If covered by A10.3 above, then the percentage of service tax Payable as provider of service

If the box A10.3 is ticked, then the percentage of tax liability of the service provider as mentioned in the field Tax Liability % (Service Provider) of theTaxable Percentage screen is captured here.

A10.6 If covered by A10.4 above, then the percentage of service tax Payable as recipient of service

If the box A10.4 is ticked, then the percentage of tax liability on the services received by the assessee is captured here.

A11 EXEMPTIONS

A11.1 Has the assessee availed benefit of any exemption notification (Y/N)

In this box, the text Yes is captured if the assessee has availed benefit of any exemption notification for providing services. This detail is captured if the Type of Service selected in the transaction is Exempt.

A11.2 If reply to A11.1 is Y, please furnish Notification Nos. and Sl. No. in the notification under which such exemption is availed

The Exempt Notification no. entered while recording a voucher for the Exempt service rendered is captured here.

A12 ABATEMENTS

A12.1 Has any abatement from the value of services been claimed (Y/N)

In this box, the text Yes is captured, if taxable service is rendered for any service category eligible for abatement during the period and such abatement is considered for service tax calculation.

A12.2 If reply to A12.1 is Y, please furnish Notification Nos. and Sl. No. in the notification under which such abatement is availed

The Notification no. entered while recording a voucher for the taxable services rendered, on which abatement is applicable is captured here.

A13 PROVISIONAL ASSESSMENT

A13.1 Whether provisionally assessed (Y/N)

This box has to be filled manually by the assessee.

A13.2 If reply to A13.1 is Y, please furnish Provisional Assessment Order No. & Date

This box has to be filled manually by the assessee.

PART - B VALUE OF TAXABLE SERVICE AND SERVICE TAX PAYABLE

B1 FOR SERVICE PROVIDER

B1.1 Gross amount (excluding amounts received in advance, amounts taxable on receipt basis, for which bills/invoices/challans or any other document may not have been issued) for which bills/invoices/challans or any other documents are issued relating to service provided or to be provided (including export of service and exempted service)

In this box, the gross amount of taxable services provided, for which bills/invoices/challans are issued, is captured.

Note: The Type of Service selected for such service Sale/Journal transactions can be Taxable/Export/Exempt/Pure Agent

B1.2 Amount received in advance for services for which bills/invoices/challans or any other documents have not been issued

In this box, the service amounts received in advance for providing services, for which bills/invoice/challans are not raised is captured. Such transactions have to be recorded in Receipt voucher with the Type of Reference as Advance in the Service Tax Details screen.

Note: The Type of Service selected for such transactions can be Taxable/Export/Exempt

B1.3 Amount taxable on receipt basis under third proviso to rule 6(1) of Service Tax Rules, 1994 for which bills/invoices/challans or any other documents have not been issued

This box has to be filled manually by the assessee.

B1.4 Amount taxable for services provided for which bills/invoices/challans or any other documents have not been issued

This box has to be filled manually by the assessee.

B1.5 Money equivalent of other considerations charged, if any, in a form other than money

This box displays the gross total of the service amounts recorded with the flag Money Equivalent of Consideration in a Journal voucher.

B1.6 Amount on which service tax is payable under partial reverse charge

In this box, the gross value of reverse charge service rendered for the service category will appear.

Note: This gross value of reverse charge service rendered includes the Taxable Value and Abatement availed.

B1.7 Gross Taxable Amount

The total value of B1.1+B1.2+B1.3+B1.4+B1.5+B1.6 is captured here.

B1.8 Amount charged against export of service provided or to be provided

This box displays the total value of Export services provided or to be provided. To identify the service provided as export, the Type of Service should be selected asExport in the Service Tax Details screen.

B1.9 Amount charged for exempted service provided or to be provided (other than export of service given at B1.8 above)

In this box, the total value of exempted services provided or to be provided is captured. To identify the service provided as exempt, the Type of Serviceshould be selected as Exempt in the Service Tax Details screen.

B1.10 Amount charged as pure agent

The total value of the Allowable Expenses for services provided with the Type of Service  Pure Agent is captured in this box.

B1.11 Amount claimed as abatement

The total value of Abatement claimed by the assessee during the period is captured here.

B1.12 Any other amount claimed as deduction, please specify.

This box has to be filled manually by the assessee.

B1.13 Total Amount claimed as Deduction 

The total value of B1.8+B1.9+B1.10+B1.11+ B1.12 is captured here.

B1.14 NET TAXABLE VALUE (B1.14=B1.7 - B1.13)

Net Taxable Value is the difference between Gross Taxable Amount and Total Amount claimed as Deduction.

B1.15 Service tax rate wise break up of NET TAXABLE VALUE (B1.14): Ad-valorem rate

This column captures the break-up of the Net Taxable Value computed in B1.14, based on service tax rates. For example: For the period July – September 2012, it is probable that service tax will be calculated at 12%. The taxable value on which service tax is computed will be displayed here.

B1.16 Specific rate (applicable as per rule 6 of STR)

This box has to be filled manually by the assessee.

B1.17 Service tax payable

The total service tax payable for the period is displayed in this box.

B1.18 Less R&D cess payable

This box has to be filled manually by the assessee.

B1.19 Net Service Tax payable (B1.19=B1.17-B1.18)

Net Service Tax payable is the difference between the Service Tax payable and the R&D cess payable.

B1.20 Education Cess payable 

The total Education Cess payable for the period is displayed in this box.

B1.21 Secondary & Higher Education Cess payable 

The total Secondary & Higher Education Cess payable for the period is displayed in this box.

B2 FOR SERVICE RECEIVER

B2.1 Gross amount (excluding amounts paid in advance, amounts taxable on payment basis, for which bills/invoices/challans or any other document may not have been issued) for which bills/invoices/challans or any other documents are issued relating to service received or to be received

This box displays the gross amount of services received, for which bills/invoices/challans are issued and service tax liability is generated and paid by the assessee. This includes the services received with the Type of Service  Tax on services received.

Note: It is essential that the liability of the service tax has to be created as the liability to pay tax on these services arises on realisation basis.

B2.2 Amount paid in advance for services for which bills/invoices/challans or any other documents have not been issued

This box has to be filled manually by the assessee.

B2.3 Amount taxable on receipt basis under third proviso to rule 6(1) of Service Tax Rules, 1994 for which bills/invoices/challans or any other documents have not been issued

This box has to be filled manually by the assessee.

B2.4 Money equivalent of other considerations charged, if any, in a form other than money

This box displays the gross total of service amounts recorded with the flag Money Equivalent of Consideration in a Journal voucher. Such service tax payments should be made for the services received with the Type of Service - Tax on Services Received, Import and Reverse Charge.

Note: It is essential that the liability of the service tax has to be created as the liability to pay tax on these services arises on realisation basis.

B2.5 Amount paid for services received from Non-Taxable territory – Imports

In this box, the total value of the services received for which the Type of Service is selected as Imports, is captured. 

Note: It is essential that the liability of the service tax has to be created as the liability to pay tax on these services arises on realisation basis.

B2.6 Amount paid for services received from Non-Taxable territory - Other than Imports

This box has to be filled manually by the assessee.

B2.7 Amount on which service tax is payable under partial reverse charge

This box displays the gross value of the reverse charge service received for the service category, on which service tax is computed. This gross value includes the Taxable Value and Abatement availed.

Note: It is essential that the liability of the service tax has to be created as the liability to pay tax on these services arises on realisation basis.

B2.8 Gross Taxable Amount

The total value of B2.1+B2.2+B2.3+B2.4+ B2.5+B2.6+B2.7 is captured here.

B2.9 Amount paid for exempted services received or to be received

This box has to be filled manually by the assessee.

B2.10 Amount paid as pure agent

This box has to be filled manually by the assessee.

B2.11 Amount claimed as abatement

The total value of the Abatement on services received by the assessee during the period is captured here.

B2.12 Any other amount claimed as deduction, please specify.

This box has to be filled manually by the assessee.

B2.13 Total Amount claimed as Deduction

The total value of B2.9+B2.10+B2.11+B2.12 is captured here.

B2.14 NET TAXABLE VALUE (B2.14=B2.8 - B2.13)

Net Taxable Value is the difference between the Gross Taxable Amount and the Total Amount claimed as Deduction.

B2.15 Service tax rate wise break up of NET TAXABLE VALUE (B2.14): Ad-valorem rate

This column captures the break-up of the Net Taxable Value computed in B2.14, based on service tax rates. For example: For the period July – September 2012, it is probable that service tax will be calculated at 12%. The taxable value on which service tax is computed will be displayed here.

B2.16 Specific rate (applicable as per rule 6 of STR)

This box has to be filled manually by the assessee.

B2.17 Service tax payable

The total service tax payable for the period is displayed in this box.

B2.18 Less R&D cess payable

This box has to be filled manually by the assessee.

B2.19 Net Service Tax payable (B2.19=B2.17-B2.18)

Net Service Tax payable is the difference between the Service Tax payable and the R&D cess payable.

B2.20 Education Cess payable 

The total Education Cess payable for the period is displayed in this box.

B2.21 Secondary & Higher Education Cess payable 

The total Secondary & Higher Education Cess payable for the period is displayed in this box.

PART-C SERVICE TAX PAID IN ADVANCE

Amount of Service Tax paid in advance under sub-rule (1A) of Rule 6 of ST Rules:

C1 Amount of service tax deposited in advance

This box displays the service tax paid in advance with the Type of Reference selected as Advance in the Service Tax Details of the Payment voucher.

C2 Amount of Education Cess deposited in advance

This box displays the Education Cess paid in advance with the Type of Reference selected as Advance in the Service Tax Details of the Payment voucher.

C3 Amount of Secondary & Higher Education Cess deposited in advance

This box displays the Secondary & Higher Education Cess paid in advance with the Type of Reference selected as Advance in the Service Tax Details of thePayment voucher.

C4 Challan Nos., date & amount

The Challan number, date as specified in the Provide details screen of the Payment voucher and the total amount of advance tax paid are captured in this box.

PART-D SERVICE TAX PAID IN CASH AND THROUGH CENVAT CREDIT

Service Tax, Education Cess, Secondary & Higher Education Cess and other amounts paid

D1 In Cash

All service tax payments made in Payment voucher through Cash or Bank ledger will be captured in this box.

D2 By CENVAT credit (not applicable where the service tax is liable to be paid by the Recipient of Service)

The CENVAT Credit amount utilised for payment of Service Tax is captured here. A Journal voucher should be used with the flag Input Credit Adjustmentsor CENVAT Adjustment to adjust the credit with the service tax liability.

D3 By adjustment of amount paid as service tax in advance under Rule 6(1A) of the ST Rules

This box displays all the service tax adjustments made through the Journal voucher by using the flag Advance Tax Paid Rule 6(1A) Adjustment – to adjust the service tax liability with any advance service tax paid earlier.

D4 By adjustment of excess amount paid earlier as service tax and adjusted, by taking credit of such excess service tax paid, in this period under Rule 6(3) of the ST Rules

This box displays all the service tax adjustments made through the Journal voucher by using the flag Tax Paid but Service Not Rendered Rule 6(3) Adjustment – to adjust the service tax liability with any excess service tax paid earlier.

D5 By adjustment of excess amount paid earlier as service tax and adjusted in this period under Rule 6(4A) of the ST Rules

This box has to be filled manually by the assessee.

D6 By adjustment of excess amount paid earlier as service tax in respect of service of Renting of Immovable Property, on account of non-availment of deduction of property tax paid and adjusted in this period under Rule 6(4C) of the ST Rules

This box has to be filled manually by the assessee.

D7 By book adjustment in the case of specified Government departments

This box has to be filled manually by the assessee.

D8 Total Tax paid

The total of D1+D2+D3+D4+D5+D6+D7 is displayed in this box.

PART-E EDUCATION CESS PAID IN CASH AND THROUGH CENVAT CREDIT

E1 In Cash

All Education Cess payments made in Payment voucher through Cash or Bank ledger will be captured in this box.

E2 By CENVAT credit (not applicable where the service tax is liable to be paid by the Recipient of Service)

The CENVAT Credit amount utilised for payment of Education Cess is captured here. A Journal voucher should be used with the flag Input CreditAdjustments or CENVAT Adjustment to adjust the credit with the Education Cess liability.

E3 By adjustment of amount paid as service tax in advance under Rule 6(1A) of the ST Rules

This box displays all the Education Cess adjustments made through the Journal voucher by using the flag Advance Tax Paid Rule 6(1A) Adjustment – to adjust the Education Cess liability with any advance Education Cess paid earlier along with the Service tax amount.

E4 By adjustment of excess amount paid earlier as service tax and adjusted, by taking credit of such excess service tax paid, in this period under Rule 6(3) of the ST Rules

This box displays all the Education Cess adjustments made through the Journal voucher by using the flag Tax Paid but Service Not Rendered Rule 6(3) Adjustment – to adjust the Education Cess liability with any excess Education Cess paid earlier along with the Service tax amount.

E5 By adjustment of excess amount paid earlier as service tax and adjusted in this period under Rule 6(4A) of the ST Rules

This box has to be filled manually by the assessee.

E6 By adjustment of excess amount paid earlier as service tax in respect of service of Renting of Immovable Property, on account of non-availment of deduction of property tax paid and adjusted in this period under Rule 6(4C) of the ST Rules

This box has to be filled manually by the assessee.

E7 By book adjustment in the case of specified Government departments

This box has to be filled manually by the assessee.

E8 Total Tax paid

The total of E1+E2+E3+E4+E5+E6+E7 is displayed in this box.

PART - F SECONDARY& HIGHER EDUCATION CESS PAID IN CASH AND THROUGH CENVAT CREDIT

F1 In Cash

All Secondary & Higher Education Cess payments made in Payment voucher through Cash or Bank ledger will be captured in this box.

F2 By CENVAT credit (not applicable where the service tax is liable to be paid by the Recipient of Service)

The CENVAT Credit amount utilised for the payment of Secondary & Higher Education Cess is captured here. A Journal voucher should be used with the flagInput Credit Adjustments or CENVAT Adjustment to adjust the credit with the Secondary & Higher Education Cess liability.

F3 By adjustment of amount paid as service tax in advance under Rule 6(1A) of the ST Rules

This box displays all the Secondary & Higher Education Cess adjustments made through the Journal voucher by using the flag Advance Tax Paid Rule 6(1A) Adjustment – to adjust the Secondary & Higher Education Cess liability with any advance Secondary & Higher Education Cess paid earlier along with the Service tax amount.

F4 By adjustment of excess amount paid earlier as service tax and adjusted, by taking credit of such excess service tax paid, in this period under Rule 6(3) of the ST Rules

This box displays all the Secondary & Higher Education Cess adjustments made through the Journal voucher by using the flag Tax Paid but Service Not Rendered Rule 6(3) Adjustment – to adjust the Secondary & Higher Education Cess liability with any excess Secondary & Higher Education Cess paid earlier along with the Service tax amount.

F5 By adjustment of excess amount paid earlier as service tax and adjusted in this period under Rule 6(4A) of the ST Rules

This box has to be filled manually by the assessee.

F6 By adjustment of excess amount paid earlier as service tax in respect of service of Renting of Immovable Property, on account of non-availment of deduction of property tax paid and adjusted in this period under Rule 6(4C) of the ST Rules

This box has to be filled manually by the assessee.

F7 By book adjustment in the case of specified Government departments

This box has to be filled manually by the assessee.

F8 Total Tax paid

The total of F1+F2+F3+F4+F5+F6+F7 is displayed in this box.


PART G - ARREARS, INTEREST, PENALTY, ANY OTHER AMOUNT ETC. PAID

G1 Arrears of revenue (Tax amount) paid in cash

Any late payment of service tax made through Cash or Bank ledger using the Payment voucher by selecting Expense Ledger > Others > Arrears > ServiceTax ledger will be displayed here.

G2 Arrears of revenue (Tax amount) paid by utilising CENVAT credit

This box has to be filled manually by the assessee.

G3 Arrears of Education Cess paid in cash

Any late payment of Education Cess made through Cash or Bank ledger using the Payment voucher by selecting Expense Ledger > Others > ArrearsCess> Education Cess ledger will be displayed here.

G4 Arrears of Education Cess paid by utilising CENVAT credit

This box has to be filled manually by the assessee.

G5 Arrears of Secondary & Higher Education Cess paid in cash

Any late payment of Secondary & Higher Education Cess made through Cash or Bank ledger using the Payment voucher by selecting Expense Ledger >Others > Arrears Cess > Secondary & Education Cess ledger will be displayed here.

G6 Arrears of Secondary & Higher Education Cess paid by utilising CENVAT credit

This box has to be filled manually by the assessee.

G7 Amount paid in terms of section 73A of Finance Act, 1994

This box has to be filled manually by the assessee.

G8 Interest paid (in cash only)

Service tax payments made through Cash or Bank ledger using the Payment voucher by selecting Expense Ledger > Others > Interest and Interest Cesswill be displayed here.

G9 Penalty paid (in cash only)

Service tax payments made through Cash or Bank ledger using the Payment voucher by selecting Expense Ledger > Others > Penalty and Penalty Cessledger will be displayed here.

G10 Amount of Late fee paid, if any.

This box has to be filled manually by the assessee.

G11 Any other amount paid (please specify)

Any amount paid using the Payment voucher by selecting Expense Ledger > Others > Others will be displayed here.

G12 Total payment of arrears, interest, penalty and any other amount, etc. made

The total of G1+G2+G3+G4+G5+G6+G7+G8+G9+G10+G11 is displayed here.

PART - H

H1 DETAILS OF CHALLAN (vide which service tax education cess, secondary and higher education cess and other amounts have been paid in cash)

Challan Nos. with date and amount

The Challan no., Challan Date as specified in the Provide details screen of the Payment voucher are captured here. Apart from this, the Challan amount is also displayed in this box.

H2 Source documents details for payments made in advance / adjustment, for entries made at columns D3, D4, D5, D6, D7; E3, E4, E5, E6, E7; F3, F4, F5, F6, F7; & G1 to G11

This box has to be filled manually by the assessee.

PART-I

DETAILS OF INPUT STAGE CENVAT CREDIT

I1 DETAILS ABOUT THE ASSESSEE PROVIDING EXEMPTED AND NON-TAXABLE SERVICE OR MANUFACTURING EXEMPTED EXCISABLE GOODS:

I1.1 Whether providing any exempted service or non-taxable service (Y/N)

This box has to be filled manually by the assessee.

I1.2 Whether manufacturing any exempted excisable goods (Y/N)

This box has to be filled manually by the assessee.

I1.3 If reply to any one of the above is Y, whether maintaining separate account for receipt or consumption of input service and input goods [refer to Rule 6 (2) of CENVAT Credit Rules, 2004](Y/N)

This box has to be filled manually by the assessee.

I1.4 If reply to any one of the columns I1.1&I1.2 above is Y and I1.3 is N, which option, from the below mentioned options, is being availed under Rule 6(3) of the CENVAT Credit Rules, 2004

This box has to be filled manually by the assessee.

I2. AMOUNT PAYABLE UNDER RULE 6(3) OF THE CENVAT CREDIT RULES,2004:

I2.1 Value of exempted goods cleared

This box has to be filled manually by the assessee.

I2.2 Value of exempted services provided

This box has to be filled manually by the assessee.

I2.3 Amount paid under Rule 6(3) of CENVAT Credit Rules, 2004, by debiting CENVAT Credit account

This box has to be filled manually by the assessee.

I2.4 Amount paid under Rule 6(3) of CENVAT Credit Rules, 2004, by cash

This box has to be filled manually by the assessee.

I2.5 Total amount paid under Rule 6(3) of CENVAT Credit Rules, 2004

The total of I2.3 and I2.4 is captured here.

I3 CENVAT CREDIT TAKEN AND UTILISED:

I3.1 DETAILS OF CENVAT CREDIT OF SERVICE TAX AND CENTRAL EXCISE DUTY TAKEN AND UTILISATION THEREOF –

I3.1.1 Opening Balance

Any service tax or CENVAT opening balance transaction recorded on 1st April using the flag Opening Balance in a Journal voucher, will appear in this box for the month of April. For the other months, the previous month’s closing balance will be the opening balance for that month and the same will be captured in this box.

I3.1.2 Credit taken

I3.1.2.1 on inputs

This box displays the total values of CENVAT Credit availed on principal inputs purchased by the assessee.

Note: For details to appear in this box, an Excise Purchase voucher has to be recorded with an Excise Stock Item (grouped underPrincipal Input) with the CENVAT Credit ledger selected.

I3.1.2.2 on capital goods

This box displays the total values of CENVAT Credit availed on capital goods purchased by the assessee.

Note: For the details to appear in this box, an Excise Purchase voucher has to be recorded with an Excise Stock Item (grouped underCapital Goods) with the CENVAT Credit ledger selected.

I3.1.2.3 on input services received directly

In this box, the total of service tax credit available on services received along with the credit availed on services received by using the flag Avail Input Creditin the Journal voucher are captured.

I3.1.2.4 as received from Input Service Distributor

This box has to be filled manually by the assessee.

I3.1.2.5 from inter-unit transfer by a LTU

This box has to be filled manually by the assessee.

I3.1.2.6 Any other credit taken (please specify)

This box has to be filled manually by the assessee.

I3.1.2.7 TOTAL CREDIT TAKEN  

The total of I3.1.2.1+I3.1.2.2+I3.1.2.3+I3.1.2.4+I3.1.2.5+I3.1.2.6 is captured here.

I3.1.3 Credit Utilised

I3.1.3.1 for payment of service tax

This box displays the value of credit utilised for payment of service tax. A Journal voucher should be used with the flag Input Credit Adjustments orCENVAT Adjustment to adjust the credit with the service tax liability.

I3.1.3.2 for payment of Education Cess on taxable services

This box displays the value of credit utilised for payment of Education Cess. A Journal voucher should be used with the flag Input Credit Adjustments orCENVAT Adjustment to adjust the Education Cess liability against Service Tax credit.

I3.1.3.3 for payment of Secondary and Higher Education Cess on taxable services

This box displays the value of credit utilised for payment of Secondary and Higher Education Cess. A Journal voucher should be used with the flag InputCredit Adjustments or CENVAT Adjustment to adjust the Secondary and Higher Education Cess liability against the Service Tax credit.

I3.1.3.4 for payment of excise duty or any other duty

This box displays the value of credit utilised for payment of Excise Duty. A Journal voucher should be used with the flag CENVAT Adjustment to adjust the credit with the Excise duty payable.

I3.1.3.5 towards clearance of input goods and capital goods removed as such or after use

This box displays the value of credit utilised for payment of Excise Duty payable on a Removal as such transaction. A Journal voucher should be used with the flag CENVAT Adjustment to adjust the credit with the Excise duty payable on Removal as such transaction.

I3.1.3.6 towards inter unit transfer to LTU

This box has to be filled manually by the assessee.

I3.1.3.7 for payment of an amount under rule 6(3) of CENVAT Credit Rules, 2004

This box has to be filled manually by the assessee.

I3.1.3.8 for any other payments/adjustments/reversal (Please specify)

This box has to be filled manually by the assessee.

I3.1.3.9 TOTAL CREDIT UTILISED

The total of I3.1.3.1+I3.1.3.2+I3.1.3.3+I3.1.3.4+I3.1.3.5+I3.1.3.6+I3.1.3.7+I3.1.3.8 is displayed here.

I3.1.4 Closing Balance of CENVAT credit

The closing balance of CENVAT credit is determined by (I3.1.1 + I3.1.2.7) – I3.1.3.9.

I3.2 DETAILS OF CENVAT CREDIT OF EDUCATION CESS TAKEN & UTILISATION THEREOF –

I3.2.1 Opening Balance of Education Cess 

Any Education Cess opening balance transaction recorded on 1st April using the flag Opening Balance in a Journal voucher, will appear in this box for the month of April. For the other months, the previous month’s closing balance will be the opening balance for that month and the same will be captured in this box.

I3.2.2 Credit of Education Cess taken

I3.2.2.1 on inputs

This box displays the total values of CENVAT Education Cess Credit availed on principal inputs purchased by the assessee.

Note: For the details to appear in this box, an Excise Purchase voucher has to be recorded with an Excise Stock Item (grouped underPrincipal Input) with the CENVAT Education Cess ledger selected.

I3.2.2.2 on capital goods

This box displays the total values of CENVAT Education Cess Credit availed on capital goods purchased by the assessee.

Note: For the details to appear in this box, an Excise Purchase voucher has to be recorded with an Excise Stock Item (grouped underCapital Goods) with the CENVAT Education Cess ledger selected.

I3.2.2.3 on input services received directly

In this box, the total Education Cess credit availed on services received along with the credit availed on services received by using the flag Avail Input Creditin the Journal voucher is captured here.

I3.2.2.4 as received from Input Service Distributor

This box has to be filled manually by the assessee.

I3.2.2.5 from inter-unit transfer by a LTU

This box has to be filled manually by the assessee.

I3.2.2.6 Any other credit taken (please specify)

This box has to be filled manually by the assessee.

I3.2.2.7 Total credit of Education Cess taken

The total of I3.2.2.1+I3.2.2.2+I3.2.2.3+I3.2.2.4+ I3.2.2.5+I3.2.2.6 is captured here.

I3.2.3 Credit of Education Cess utilised

I3.2.3.1 for payment of Education Cess on goods & services

This box displays the value of Education Cess credit utilised for payment of Education Cess. A Journal voucher should be used with the flag Input CreditAdjustments or CENVAT Adjustment to adjust the credit with the Education Cess liability.

I3.2.3.2 towards payment of Education Cess on clearance of input goods and capital goods removed as such or after use

This box displays the value of Education Cess (availed for service tax) credit utilised for payment of Excise Education Cess payable on a Removal as suchtransaction. A Journal voucher should be used with the flag CENVAT Adjustment to adjust the Education Cess credit with the Excise Education Cess payable on Removal as such transaction.

I3.2.3.3 towards inter unit transfer to LTU

This box has to be filled manually by the assessee.

I3.2.3.4 for any other payments/adjustments/ reversal (please specify)

This box has to be filled manually by the assessee.

I3.2.3.5 Total credit of Education Cess utilised

The total of I3.2.3.1+I3.2.3.2+I3.2.3.3+I3.2.3.4 is displayed here.

I3.2.4 Closing Balance of Education Cess

The Closing Balance of Education Cess is determined by (I3.2.1+I3.2.2.7) - I3.2.3.5

I3.3 DETAILS OF CENVAT CREDIT OF SECONDARY AND HIGHER EDUCATION CESS TAKEN & UTILISATION THEREOF –

I3.3.1 Opening Balance of SHEC

Any Secondary and Higher Education Cess opening balance transaction recorded on 1st April using the flag Opening Balance in a Journal voucher, will appear in this box for the month of April. For the other months, the previous month’s closing balance will be the opening balance for that month and the same will be captured in this box.

I3.3.2 Credit of SHEC taken

I3.3.2.1 on inputs

This box displays the total values of CENVAT Secondary and Higher Education Cess Credit availed on principal inputs purchased by the assessee.

Note: For the details to appear in this box, an Excise Purchase voucher has to be recorded with an Excise Stock Item (grouped underPrincipal Input) with the CENVAT SHEC ledger selected.

I3.3.2.2 on capital goods

This box displays the total values of CENVAT Secondary and Higher Education Cess Credit availed on capital goods purchased by the assessee.

Note: For the details to appear in this box, an Excise Purchase voucher has to be recorded with an Excise Stock Item (grouped underCapital Goods) with the CENVAT SHEC ledger selected.

I3.3.2.3 on input services received directly

In this box, the total Secondary and Higher Education Cess credit availed on services received along with the credit availed on services received by using the flag Avail Input Credit in the Journal voucher is captured here.

I3.3.2.4 as received from Input Service Distributor

This box has to be filled manually by the assessee.

I3.3.2.5 from inter-unit transfer by a LTU

This box has to be filled manually by the assessee.

I3.3.2.6 Any other credit taken (please specify)

This box has to be filled manually by the assessee.

I3.3.2.7 Total credit of SHEC taken

The total of I3.3.2.1+I3.3.2.2+I3.3.2.3+I3.3.2.4+I3.3.2.5+I3.3.2.6 is captured here.

I3.3.3 Credit of SHEC utilised

I3.3.3.1 for payment of SHEC on goods & services

This box displays the value of Secondary and Higher Education Cess credit utilised for payment of Secondary and Higher Education Cess. A Journal voucher should be used with the flag Input Credit Adjustments or CENVAT Adjustment to adjust the credit with the SHEC liability.

I3.3.3.2 towards payment of SHEC on clearance of input goods and capital goods removed as such or after use

This box displays the value of Secondary and Higher Education Cess (availed for service tax) credit utilised for payment of Excise Secondary and Higher Education Cess payable on a Removal as such transaction. A Journal voucher should be used with the flag CENVAT Adjustment to adjust the SHEC credit with the Excise SHEC payable on Removal as such transaction.

I3.3.3.3 towards inter unit transfer to LTU

This box has to be filled manually by the assessee.

I3.3.3.4 for any other payments/adjustments/ reversal (please specify)

This box has to be filled manually by the assessee.

I3.3.3.5 Total credit of SHEC utilised

The total of I3.3.3.1+I3.3.3.2+I3.3.3.3+I3.3.3.4 is displayed here.

I3.3.4 Closing Balance of SHEC

The Closing Balance of SHEC is determined by (I3.3.1+I3.3.2.7)-I3.3.3.5.

PART J

CREDIT DETAILS FOR INPUT SERVICE DISTRIBUTOR

The Credit details for Input Service Distributed have to be filled manually by the assessee.

 
 
 
 
Tally.ERP 9 Reference Manual LIBRARY
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Installation of Tally.ERP9
2.
Site Licensing of Tally.ERP9
3.
Shortcut Keys in Tally.ERP9
4.
Maintaining Company Data
5.
Creating Masters
5a. Accounts Information [Creating Masters]
5b. Inventory Information [Creating Masters]
6.
Voucher Entry
7.
Reports in Tally.ERP9
8.
Excise for Dealer
9.
Excise for Manufacturer
10.
Reports [ Excise for Manufacturer]
11.
Excise for Importer
12.
Service Tax in Tally.ERP9
13.
Tax Collected at Source (TCS) in Tally.ERP9
14.
Tax Deducted at Source (TDS) in Tally.ERP9
15.
Value Added Tax (VAT) in Tally.ERP9
16.
Central Sales Tax (CST) in Tally.ERP9
17.
18.
19.
20.
21.
22.
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24.
25.
26.
27.
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