Service Tax

Service Tax – Service tax refers to tax collected by the government of India from certain service providers for providing certain services. The person who pays service tax can be either a service provider or a service receiver or any other person who is responsible for providing certain services.

Online Application of Serivice Tax – Service tax registration is required for any person or entity providing taxable services of over Rs.9 lakh. Service tax registration helps the Service Tax Department identify assesses and track all aspects of service tax compliance. For the assesse, service tax registration is required to deposit service tax, file service tax returns and maintain compliance with service tax regulations. Failure to obtain service tax registration would attract penalty in terms of section 77 of the Finance Act, 1994.

Filing of Service Tax Return – Every assessee who has registered for service tax and has been assigned a service tax registration no. is required to file a service tax return file on a half years basis. Irrespective of whether the assessee has provided taxable service in the period or not he is required to file his service tax return on a half yearlybasis brfore the due date.

Hearing For Service Tax Matters – SERVICE TAX matters we also have with us rich industry experience in successfully offering competitive service tax matters related consultancy services that is vital in current day scenario. With involved service solutions handled by experienced industry professionals, we are here offering services related to: * Registration, Filing of Return, *Maintenance of Records, Assessment.

Guidline For Cash Based Accounting With Service Tax – Guidline for cash based accounting with servic tax in case, the turnover of the preceeding year doesn,t exceed rs 50 lakhs in the current FY and beyond rs. 50 lakhs on accrual basis.