growth ensuring professonals
 

Service Tax Registration

Service Tax Is A Kind Of Indirect Tax Levied On Taxable Services. Currently Not All Services Are Covered Under The Purview Of Service Tax. Service Tax Was First Brought Into Force With Effect From 1 July 1994. All Service Providers In India, Except Those In The State Of Jammu And Kashmir, Are Required To Pay A Service Tax In India. Initially Only Three Services Were Brought Under The Net Of Service Tax And The Tax Rate Was 5%. Gradually More Services Came Under The Ambit Of Service Tax. The Rate Of Tax Was Increased From 5% To 8% W.E.F 14 May 2003. From 10 September 2004 The Rate Of Service Tax Was Enhanced To 10% From 8%. Besides This 2% Education Cess On The Amount Of Service Tax Was Also Introduced. In The Union Budget Of India For The Year 2006-2007, Service Tax Was Increased From 10% To 12%. On February 24, 2009 In Order To Give Relief To The Industry Reeling Under The Impact Of Economic Recession, The Rate Of Service Tax Was Reduced From 12 Per Cent To 10 Per Cent.

The service sector has emerged as an important area of economic activity. Its share in the country’s Gross Domestic Product (GDP) has increased from about 28% in 1951, to over 50% as of now. The government decided to tax this important sector with the aim of raising resources and increasing the tax-GDP ratio.




Required Documents & Fee

Document Name Private Limited Company Propritor Partnership
1. Printout Of Acknowledgement ST-1 Duly Signed/Stamped  Privated Limited Company Checked  Privated Limited Company Checked  Privated Limited Company Checked
2. MOA/AOA Duly Signed/Stamped  Privated Limited Company Checked  Privated Limited Company Checked  Privated Limited Company Checked
3. Copy Of PAN Card Of Company/Firm/Propritor  Privated Limited Company Checked  Privated Limited Company Checked  Privated Limited Company Checked
4. Copy Of Bank Statementduly Signed/Stamped  Privated Limited Company Checked  Privated Limited Company Checked  Privated Limited Company Checked
5. Rent Agreement Of Office  Privated Limited Company Checked  Privated Limited Company Checked  Privated Limited Company Checked
6. Electricity Bill Of Owners / ID Proof Of The Owners  Privated Limited Company Checked  Privated Limited Company Checked  Privated Limited Company Checked
7. List Of Directors On Letter Head  Privated Limited Company Checked  Privated Limited Company Checked  Privated Limited Company Checked
8. List Of Shareholders On The Latter Head Of The Company Duly Signed & Stamped  Privated Limited Company Checked  Privated Limited Company Checked  Privated Limited Company Checked
9. Board Resulation For Service Tax Registration  Privated Limited Company Checked  Privated Limited Company Checked  Privated Limited Company Checked
10. Undertaking of Anexure -III  Privated Limited Company Checked  Privated Limited Company Checked  Privated Limited Company Checked
11. Undertaking of Anexure -V  Privated Limited Company Checked  Privated Limited Company Checked  Privated Limited Company Checked
12. PAN/Address proof of Authorised Signatory  Privated Limited Company Checked  Privated Limited Company Checked  Privated Limited Company Checked
13. Form-18/ Change of Addredd (If Any )  Privated Limited Company Checked  Privated Limited Company Checked  Privated Limited Company Checked
Total Amount(INR) 5,000/- 3,000/- 3,000/-


    Below Are Few Categories Which Are Taxable:

  • Telephone
  • Stockbroker
  • General Insurance
  • Advertising Agencies
  • Courier Agencies
  • Broadcasting
  • Insurance Auxiliary Activity
  • Banking And Other Financial Services
  • Port
  • Authorized Service Stations
  • Leased Circuits Services
  • Auxiliary Services To Life Insurance
  • Cargo Handling
  • Manpower Recruitment Agency
  • Mandap Keepers
  • Architects
  • Interior Decorators
  • Management Consultants
  • Practicing Chartered Accountants
  • Practicing Company Secretaries
  • Practicing Cost Accountants
  • Real Estates Agents/Consultants
  • Credit Rating Agencies
  • Private Security Agencies
  • Market Research Agencies
  • Underwriters Agencies
  • Scientific And Technical Consultancy Services
  • Photography
  • Convention
  • Telegraph
  • Telex
  • Consulting Engineers
  • Custom House Agents
  • Steamer Agents
  • Clearing & Forwarding Agents
  • Air Travel Agents
  • Tour Operators
  • Rent-A-Cab Operators
  • Facsimile
  • Online Information And Database Access Or Retrieval
  • Video-Tape Production
  • Sound Recording
  • Storage And Warehousing Services

Service Tax Return

The filing of returns are provided for in Sections 70 and 71 A of the Finance At 1994 and the manner for filing such returns is set our in the Service Tax Rules, 1994. The Service Tax assessees are required to file a half yearly return in Form ST-3 or ST-3A, in triplicate, to the Superintendent, Central Excise, dealing with Service Tax work. The return is to be filed within 25 days from the last day of the half-year it relates to and should be accompanied by copies of all T.R.6 challans issued in the relevant period. Thus, the returns for half year ending 30th September and 31st March are required to be filed by 25th October and 25th April, respectively. Further, assessees filing the return for the first time should also furnish to the Department the list of all the accounts maintained by them, relating to the Service Tax. no services have been provided during a half year and no Service Tax is payable; the assessee may file a Nil Return within prescribed time limit.

An assessee failing to file half-yearly returns or failing to file them on time could be penalised from Rs.100 to Rs.200/- for every week or part thereof, during the period for which the failure continued.

Filing of single return has been clarified by Circular No. 72/2/2004-ST dated January 2, 2004. However, details in each of the column in Service tax the Forms ST-3 has to be furnished separately for each of the taxable service rendered by the assessee.

No specific records have been prescribed to be maintained by a service Tax assessee. The records, including computerised data if any, being maintained by an assessee as required under any other laws in force (eg. Income tax, Sales tax) is acceptable to the Central Excise Department for the purpose of Service Tax.




Required Documents & Fee For Registration

Document Name Private Limited Company Propritor Partnership
1. Printout Of Acknowledgement ST-1 Duly Signed/Stamped  Privated Limited Company Checked  Privated Limited Company Checked  Privated Limited Company Checked
2. MOA/AOA Duly Signed/Stamped  Privated Limited Company Checked  Privated Limited Company Checked  Privated Limited Company Checked
3. Copy Of PAN Card Of Company/Firm/Propritor  Privated Limited Company Checked  Privated Limited Company Checked  Privated Limited Company Checked
4. Copy Of Bank Statementduly Signed/Stamped  Privated Limited Company Checked  Privated Limited Company Checked  Privated Limited Company Checked
5. Rent Agreement Of Office  Privated Limited Company Checked  Privated Limited Company Checked  Privated Limited Company Checked
6. Electricity Bill Of Owners / ID Proof Of The Owners  Privated Limited Company Checked  Privated Limited Company Checked  Privated Limited Company Checked
7. List Of Directors On Letter Head  Privated Limited Company Checked  Privated Limited Company Checked  Privated Limited Company Checked
8. List Of Shareholders On The Latter Head Of The Company Duly Signed & Stamped  Privated Limited Company Checked  Privated Limited Company Checked  Privated Limited Company Checked
9. Board Resulation For Service Tax Registration  Privated Limited Company Checked  Privated Limited Company Checked  Privated Limited Company Checked
10. Undertaking of Anexure -III  Privated Limited Company Checked  Privated Limited Company Checked  Privated Limited Company Checked
11. Undertaking of Anexure -V  Privated Limited Company Checked  Privated Limited Company Checked  Privated Limited Company Checked
12. PAN/Address proof of Authorised Signatory  Privated Limited Company Checked  Privated Limited Company Checked  Privated Limited Company Checked
13. Form-18/ Change of Addredd (If Any )  Privated Limited Company Checked  Privated Limited Company Checked  Privated Limited Company Checked
Total Amount(INR) 5,000/- 3,000/- 3,000/-


    Below Are Few Categories Which Are Taxable:

  • Telephone
  • Stockbroker
  • General Insurance
  • Advertising Agencies
  • Courier Agencies
  • Broadcasting
  • Insurance Auxiliary Activity
  • Banking And Other Financial Services
  • Port
  • Authorized Service Stations
  • Leased Circuits Services
  • Auxiliary Services To Life Insurance
  • Cargo Handling
  • Manpower Recruitment Agency
  • Mandap Keepers
  • Architects
  • Interior Decorators
  • Management Consultants
  • Practicing Chartered Accountants
  • Practicing Company Secretaries
  • Practicing Cost Accountants
  • Real Estates Agents/Consultants
  • Credit Rating Agencies
  • Private Security Agencies
  • Market Research Agencies
  • Underwriters Agencies
  • Scientific And Technical Consultancy Services
  • Photography
  • Convention
  • Telegraph
  • Telex
  • Consulting Engineers
  • Custom House Agents
  • Steamer Agents
  • Clearing & Forwarding Agents
  • Air Travel Agents
  • Tour Operators
  • Rent-A-Cab Operators
  • Facsimile
  • Online Information And Database Access Or Retrieval
  • Video-Tape Production
  • Sound Recording
  • Storage And Warehousing Services


Home About News Contact
Copyright © 2015