How is your service tax mandatory?
Doing these payments online is mandatory if your payments exceed Rs 1lakh in a year. Service tax has to be deposited with the government either quarterly or monthly based on whether you are an individual/company/partnership. Once you obtain a Service Tax Registration number, return filing is compulsory for you.
Is filing of nil service tax return mandatory?
The Hon’ble Tribunal has held that the service provider is not required to file the Service Tax Return (even nil return) for that period as per the CBEC Circular No 97/8/07-ST dated August 23, 2007.
What is e filing of service tax return?
To introduce the much-awaited Goods and Services Tax (GST) in 2012-13, the finance ministry has made it mandatory for taxpayers to file their central excise and service tax returns electronically from October 1. It is designing a single portal for registration, filing returns and payment of taxes under GST.
How can I know my service tax return filed or not?
Click on ‘Service Tax’ from the homepage and sign in to your account. If you have filed for any refund and the reimbursement is approved by the department, you will be able to see the ‘Check Status’ option and track your refund using your acknowledgement number from the refund request created by you earlier.
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.
Can you file a service tax return by yourself?
The process of filing of service tax return is simple. Once you are aware of the process, you can file the service tax return by yourself. I have explained the process of “How to file service tax return online” in very detailed manner.
Can a tax assessee file a manual return?
In any case if assessee does not succeed in filing of return electronically or in case of e-filing is unable to generate acknowledgement number, he should file manual return to avoid penal provisions. Prerequisites for E-filing are very basic.
Which is the form for service tax return?
Service Tax return is to be filed in Form No. ST-3 in triplicate (3copies). However, it is advisable that assessee should have 4 copies, one copy will be returned back as an acknowledgement to the assessee by the Central Excise Officer. Copies of challan [ GAR-7 or TR-6] should be attached with the Service Tax Return
How long does it take to correct a service tax return?
An assessee may submit a revised return, in Form ST-3, to correct a mistake or omission, within a period of 90 days from the date of submission of the return.