About


Service tax is levied by the Central Government. It is a kind of indirect tax because the service providers pay the tax and recovers it from the service receivers who receive or purchase the taxable services not included in the negative list. 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.

It is mandatory for all service providers to apply for registration within 30 days of turnover crosses Rs. 9 lakh in a financial year. However, Service Tax is required to be paid at prescribed rate (i.e. at present 15%) on value of taxable service when aggregate value of taxable service exceed Rs. 10 lakh.

Under Reverse Charge Mechanism a person liable to service tax is required to get registered within 30 days of the date on which liability to pay service tax arises. .

Highlight


Small scale service provider

Service providers whose aggregate value of taxable services is less than Rs.10 lakhs in a previous financial year is exempted upto Rs.10 lakhs in Current Financial year from payment of service tax.

Automatic Registration

In case Form ST-2, (Registration of Service Tax certificate) is not issued within seven days of filing of Form ST-1 (Registration Application Form) with all the relevant documents, the service tax registration is automatically deemed to be granted

Service Tax Payments

Frequency for Service Tax Payments is quarterly in case of Proprietary Firms or Partnership Firms, LLP, one person company and monthly in the case of Companies, Trusts, Societies, etc.

Service Tax Return

Service Tax Return Form ST-3 must be filed twice in a year. Return for half year ending 30th September and 31st March is required to be filed by 25th October and 25th April, respectively.

No Service Tax on Exports

Service providers exporting services outside India are exempted from Service Tax.

Documents Required


  • PARTNER/PROPRIETOR/DIRECTOR

    Copy of PAN Card , Passport size photograph , Copy of Aadhaar Card/ Voter identity card

  • LEGAL ENTITY

    Copy of PAN Card, Copy of Electricity/ water bill of business place, Landlord NOC (Format will be provided by us), Copy of Rent agreement(If rented property), Copy of Property papers (If owned property), Copy of Partnership deed (In case of Partnership)

  • Other Documents

    Authorization letter (In case of Partnership), Board Resolution (In case of Company), Authority from other directors on letter head (In case of company), Cancelled cheque of firm, Bank statement

Process


  • 5
    Service Tax Registration Certificate
    Congratulations
  • 4
    Submission of Documents to Department
    2 to 3 days
  • 3
    Online Application
    2 to 3 Days
  • 2
    Verification of Information
    2 to 3 Days
  • 1
    Collection of Information
    Start

You will get


  • Documents Drafting

  • Application Preparation

  • Application Filing

  • Registration Fees

Service is a kind of indirect tax which the recipient of various services pay indirectly to the government via service providers.

The service tax needs to be paid by the 6th of every month, if paid electronically and 5th of every month, if paid via other means.

Interest will be imposed in case of payment of service tax

 

This is a challan for payment service tax manually. The challan is available in particular authorized banks.

The service is considered to be an export of services if the provider of service is located in the taxable territory and the recipient is located outside India, the service shall be considered as export of service.

An service tax return can be revised in Form ST-3 to modify or correct any mistakes within 90 days from the date of submission of return.