How can I file service tax return?
Service Tax – As per Rule 7(1) of the Service Tax Rules, 1994, all the assessees registered under service tax are required to file service tax returns on a half yearly basis. The half yearly return is to be filed by 25th of the month following the particular half year.
What is the time limit for service tax notice?
The SCN is barred by Limitation The said section lays down a time limit of 30 months from the relevant date. The relevant date is separately provided under section 73(6) as the date when the return was due to be filed.
How can I know my Service Tax no?
The Service Tax Code Number is a 15-digit code, based largely on the PAN number of the assessee….How to Understand Service Tax Number Structure
- Digits 1 to 10 will be the PAN or TAN Number.
- Digits 11 and 12 will be XM.
- Digits 13 to 15 will be the number of registrations issued against that PAN or TAN, starting with 001.
Is service tax applicable on commission?
As service receiver is outside India commission paid for imports of goods is not taxable. Commission paid to agent in India for helping Imports of Goods in India is covered under Rule 9 of Place of provision of service (POP).
Can service tax notice be issued after 5 years?
Angad Sandhu, Partner, PSL Advocates & Solicitors, told Moneycontrol: “Show cause notices for enquiry up to 5 years can only be issued in cases where service tax has not been paid due to fraud, collusion, wilful misstatement or suppression of facts, which was admittedly not the case in the SCNs being issued.
Who is responsible for Service Tax registration?
Service tax registration must be obtained by any person who provided a taxable service of value exceeding Rs. 9 lakhs, in the previous financial year. Failure to obtain service tax registration can result in penalty.
Is it compulsory to pay Service Tax?
According to Union government approved guidelines in 2017, service charge on hotel and restaurant bills are voluntary and not mandatory. When he received his bill, he noticed he had been charged a 10% service charge, in addition to the goods and service tax (GST).