Service Tax Registartion and Returns

Service Tax Registartion and Returns Services in Pune

Service Tax Registartion and Returns Services in Pune Who is required to take registration? And time limit?
Any taxable service provider whose turnover during financial year crosses Rs.9 lakh is required to take registration under service tax.

Within 30 days of crossing the turnover threshold limits.
Service tax Provider can also take VOLUNTAREE REGISTRATION

When to pay service tax?
Service provider should charge and pay to government service tax @ effective rate (currently 14.5%) on gross amount of taxable service when the turnover of taxable service crosses Rs.10 Lakh in any financial year.

Sr.No Type Of Payee Time Of Payment
1 Sole Proprietor,Partnership Firm,Huf Quarterly
2 Company Monthly .. 5th Day Of Following Month


E-Payment Of Service Tax Link
https://cbec-easiest.gov.in/EST/InputPageForEPaymentServlet

Procedure Of Registration?
1. Create login to the aces.gov.in
2. Fill in form ST 1
3. Pay the required fees
4. Upload and take print of Form
5. Attach the necessary documents and send it to the jurisdictional superintendent.

Documents Requred For Registration
1. Constitution of Business E.g. MOA, AOA, Partnership deed, Certificate of Incorporation, Shop Act license.
2. Address Proof of Business: lease deed/rent deed, proof of ownership electricity bill and index II.
3. Identity Proof of Applicant: Pan Card, aadhar card, driving license which is self attested.
4. Board resolution in case of company.
5. List of Directors and Partners.
6. copy of Pan card of business entity
7. Details of Bank Account. (Cancelled Cheque)

Sr.No Extent Of Delay Interest Rate
1 Upto 6 Month 18%
2 6 Month To 1 Year 24%
2 1 Year Above 30%


Returns

Who Is Required To File Return? Frequency?
Every taxable service provider registered under service tax is compulsorily required to file the return half yearly basis even his turnover is nil during the period.
e.g. for the First half (April to September ) due date is 25th October
For next Half (October to March) Due date is 25th April.

Consequences Of Late Filling Of Return

Sr.No Extent Of Delay Late Fee
1 First 15 Days RS.500
2 15 To 30 Days RS.1000
2 More Than 30 Days RS.1000 + RS. 100 PER DAY BEYOND 30 DAYS
2 Maximum Late Fee Is 20,000/-