E-filing of service tax to be mandatory in 2 months: CBEC | business | Hindustan Times
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E-filing of service tax to be mandatory in 2 months: CBEC

The government will make electronic filing of service tax mandatory within a couple of months, said a senior official of the Central Board of Excise and Customs (CBEC).

business Updated: Nov 12, 2009 16:36 IST

The government will make electronic filing of service tax mandatory within a couple of months, said a senior official of the Central Board of Excise and Customs (CBEC).

"Electronic filing of service tax will be made compulsory in the next two months," CBEC member Y G Parande told reporters on the sidelines of a PHD chamber seminar.

Parande also expressed hope that the government would meet service tax collection target during the fiscal despite impact of stimulus package on revenue realisation.

The government proposed to collect Rs 65,000 crore as service tax during the year.

The service tax collection during the first seven months has gone down by 5.4 per cent to Rs 28,926 crore compared with corresponding period last year.

Attributing decline in revenue collections to incentives given by the government to help the economy combat the impact of global slowdown, Parande said, "certainly, the stimulus packages have had the effect (on indirect tax collections), particularly because rates were brought down."

The indirect tax collections, including customs, excise and service tax, declined by 21.6 per cent to Rs 1,26,903 crore during the April-October period.

The only acceptable evidence of filing is a copy of DOL's e-mail giving notice of receipt of the LCA, the USCIS said.

Petitioners, who seek to take advantage of this temporary flexibility in the normal filing procedures for H-1B petitions, must wait until they receive a request for evidence (RFE) before they submit the DOL-certified LCA to USCIS in support of the H-1B petition, it said.

"USCIS will give petitioners a period of 30 calendar days within which they must send in a DOL certified LCA in response to the RFE. USCIS will only approve H-1B petitions that include certified LCAs," the USCIS said.

The USCIS has, meanwhile, reported that about 12,000 H-1B visa slots are still to be filled up for the fiscal 2010.

"As of October 30, approximately 53,800 H-1B cap-subject petitions had been filed," it said.

This is against the Congress-mandated cap of 65,000 H-1B visas for this year.

The USCIS also announced that it has approved sufficient H1-B petitions for aliens with advanced degrees to meet the exemption of 20,000 from the fiscal year 2010 cap.

"Any H1-B petitions filed on behalf of an alien with an advanced degree will now count toward the general H1-B cap of 65,000," it said.

"USCIS will continue to accept both cap-subject petitions and advanced degree petitions until a sufficient number of H-1B petitions have been received to reach the statutory limits, taking into account the fact that some of these petitions may be denied, revoked, or withdrawn."