Service Tax

We are very proud to offer professional Support in Getting Service Tax Registration and day to day compliance related to service tax like Deposition of service tax and preparing and filing of Service Tax Returns, as part of our Indirect Taxes Services Range.

1. WHEN IS SERVICE TAX APPLICABLE?

As soon as the aggregate value of taxable service (or the billing of the services provided) exceeds 9 lakhs during any time of the financial year, it is mandatory for the service provider to obtain the service tax registration number.

The provider should charge service tax from the receiver as soon as the aggregate value of taxable services exceeds 10 lacks.

SERVICE TAX REGISTRATION PROCEDURE.

Every person liable for paying the service tax shall make an application to the concerned Superintendent of Central Excise in Form ST-1 for registration within a period of thirty days from the date on which a person commences the business of providing a taxable service.

The registration shall be granted by the Commissioner of Central Excise in whose jurisdiction the premises or offices, from where centralized billing or accounting is done, are located.

Where an assessee is providing a taxable service from more than one premises or offices and does not have any centralized billing systems or centralized accounting systems, as the case may be, he shall make separate applications for registration in respect of each of such premises or offices to the jurisdictional Superintendent of Central Excise.

Where an assessee is providing more than one taxable service, even then ONLY a single application has to made to the concerned Superintendent of Central Excise.

The Superintendent of Central Excise shall after due verification of the application form, or an intimation under sub-rule (5A), as the case may be], grant a certificate of registration in Form ST-2 within seven days from the date of receipt of the application [or the intimation]. If the registration certificate is not granted within the said period, the registration applied for shall be deemed to have been granted.

Where there is a change in any information or details furnished by an assessee in Form ST-1 at the time of obtaining registration or he intends to furnish any additional information or detail, such change or information or details shall be intimated, in writing, by the assessee, to the jurisdictional Assistant Commissioner or Deputy Commissioner of Central Excise, as the case may be, within a period of thirty days of such change.

Where a registered assessee transfers his business to another person, the transferee shall obtain a fresh certificate of registration.

Every registered assessee, who ceases to provide the taxable service for which he is registered, shall surrender his registration certificate immediately [to the Superintendent of Central Excise.

Service Tax Registration Number can be obtained the same day and a Certificate can be obtained within a week's time thanks to the online application filing procedure by the Central Board of Direct Taxes. Please find below the LIST OF DOCUMENTS TO BE SUBMITTED ALONG WITH Service Tax Registration APPLICATION (ST-1)

• A pan card copy of the proprietor.
• A valid id and address proof of the proprietor.
• Copy of bank statement of a minimum of last 6 months of current account if any otherwise the copy of saving account of Proprietor.
• A monthly/recurring bill like electricity bill, gas bill, or bsnl /mtnl landline bill depicting the address mentioned in the id proof which you are submitting.
• An undertaking form printed on a letterhead duly signed and stamped by the proprietor (for a copy of undertaking form mail me).
• A lease agreement, rent agreement, sale deed, or title deed of the place of the business.
• Canceled Cheque
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FOR PARTNERSHIP CONCERN

Followings documents are required for service tax registration of Partnership Firm.

• Pan card copy of the firm.
• Pan card copy of all the partners.
• Valid id and address proof of all the partners.
• Current a/c statement of the firm.
• Monthly bills of every partner depicting their address of id proof as in the case of the proprietor.
• Copy of partnership deed.
• List of partners.
• A lease agreement, rent agreement, sale deed, or title deed of the place of the business.
• Canceled Cheque

An undertaking form printed on a letterhead duly signed and stamped by the Partner (for a copy of undertaking form mail us varun@avcindia.co.in.

FOR PRIVATE/ PUBLIC LIMITED COMPANIES

Followings documents are required in addition to documents required for partnership Firm for service tax registration of Private/Public Ltd. Companies.

1. Memorandum and Association of Articles.
2. Valid Board Resolution in favour of Director signing the Application.
3. Certification of Incorporation
4. Certificate of Commencement of Business (In case of Public Ltd. Co. only)

Compliances to be made after Service tax Registration:

1. Deposit of Service Tax :

• Service Tax shall be deposit within 5 days form the end of the month in which INVOICE is raised by the service provider (within 5 days from the end of the quarter in case of Individuals, HUF, and Partnership Firms). In case of online payment of challan, the due date is 6th in place of 5th.
• While the payment of service tax the assessee can also take the benefit of service tax paid on its input and input services. The benefit of input service tax paid is to be calculated according to the Cenvat Credit Rules.

2. Filing of Service Tax Returns:

• Service Tax Return has to be filed twice in a financial year within 25 days after the end of Half-year i.e.
• For April - September - Due Date is 25th October
• For October - March - Due Date is 25th April