How can I check my service tax number?
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.
How is my service taxed?
When revenue is Rs 10lakhs or less – If the total Revenue you earn from freelancing work is Rs 10lakhs or less, Service Tax rules do not apply. You will be exempt from collecting and paying service tax on your services. Here Revenue means your total receipts from your clients.
What is St code?
ST Code Development. When programming POUs in the IEC 61131 programming language ST (Structured Text) by typing the ST expressions and statements in the textual code editor, the required variables have to be declared manually in the related local variables worksheet.
What is service accounting code in GST?
Service Accounting Codes help to classify each service under the GST regime. The Central Board of Excise and Customs (CBEC) issue codes to categorise the different services under the Goods and Services Tax (GST) regime. These codes are known as Services Accounting Code or SAC.
How can I check my service tax number online?
Who requires to be registered?
- Go to the website of Central Board of Excise and Customs.
- Enter the code of 15 digits and clear the step of image verification. Both service tax assessees and central excise assessees can be found by this method.
- The information that you will receive is given below: Address of Assessee.
What do you mean by service tax?
Definition: Service tax is a tax levied by the government on service providers on certain service transactions, but is actually borne by the customers. It is categorized under Indirect Tax and came into existence under the Finance Act, 1994.
What are the types of service tax?
There are Four GST types namely Integrated Goods and Services Tax (IGST), State Goods and Services Tax (SGST), Central Goods and Services Tax (CGST), and Union Territory Goods and Services Tax (UTGST).
What is service tax under income tax?
Service Tax was a tax that was levied by the Central Government of India on the services provided by service providers. This indirect tax came into being under the Finance Act, 1994. The tax was to be paid to the government in order to enjoy different services that were received from service providers.
What is STC number in service tax?
Service Tax Number (STC) is a unique 15 digit number which is allotted to the assessee at the time of Service Tax Registration. Every Servie Tax number starts with 10 Digits of PAN Number. 11th & 12th digit is service tax code (either ST or SD). And the last three digits represent the premises number (eg 001, 002 etc).
How do I find my service accounting code?
SAC Code 9954. Services are classified as per the Services Accounting Code (SAC). The SAC is strictly numeric and is six digits. The first two digits are same for all services i.e. 99, the next two digits represent the major nature of service and the last two digits represent the detailed nature of service.
What is service SAC code?
Services Accounting Code also called as SAC Code is a classification system for services developed by the Service Tax Department of India. Using GST SAC code, the GST rates for services are fixed in five slabs namely 0%, 5%, 12%, 18% and 28%.
How many digits are in a service tax number?
The Service Tax Code Number is a 15-digit code, based largely on the PAN number of the assessee. The first 10 digits are the same as the PAN, while digits 11 and 12 are ST or SD. If you have applied for just one number against a single PAN, then the next three digits will be 001, completing the 15-digit code.
Is the service tax number the same as PAN number?
The Service Tax Code Number is a 15-digit code, based largely on the PAN number of the assessee. The first 10 digits are the same as the PAN, while digits 11 and 12 are ST or SD.
How many characters are in service tax code?
In new system all service tax code/excise (STC) are of 15 characters and based on Pan.
What are the accounting codes for service tax?
Accounting head Service Tax Code Interest Tax Penalties ACCOMMODATION IN HOTELS, INN, GUEST HOUS 1070 1071 1479 ADVERTISING AGENCY SERVICES 13 16 1299 AIR TRAVEL AGENT SERVICES 32 33 1304 AIRPORT SERVICES BY AIRPORT AUTHORITY 258 259 1391