SERVICE TAX PROCEDURES BY C A S H A I L E S H R A T H I ACA, M.Com B A H E T I & S O M A N I Chartered Accountants

REGISTRATION REQUIREMENTS Section 69 read with Rule 4 Every Person who is liable to pay service tax Application shall be filed to Superintendent of Central Excise Application is to be in form No. ST-1 Within 30 days Registration shall be issued within 7 days in form ST-2

Section 69 read with Rule 4

Every Person who is liable to pay service tax

Application shall be filed to Superintendent of Central Excise

Application is to be in form No. ST-1

Within 30 days

Registration shall be issued within 7 days in form ST-2

Proof of address of the premises office sought to be registered PAN number of the assessee (c) List of Branches offices or premises of the assessee (d) Brief note on accounting system adopted by the assessee (e) Branch-wise series of invoices maintained along with a sample copy thereof (f) Previous years audited balance sheet along with gross trial balance of different branches (g) Details of records accounts maintained at different branches and Central Office (h) Bank account numbers of the Branches and Central Office through which the receipts are deposited, transacted. I am confused what documents to be filed with ST-1 Document to be Submitted with ST-1

Proof of address of the premises office sought to be registered

PAN number of the assessee

(c) List of Branches offices or premises of the assessee

(d) Brief note on accounting system adopted by the assessee

(e) Branch-wise series of invoices maintained along with a sample copy thereof

(f) Previous years audited balance sheet along with gross trial balance of different branches

(g) Details of records accounts maintained at different branches and Central Office

(h) Bank account numbers of the Branches and Central Office through which the receipts are deposited, transacted.

Reverse Charge 5.SPECIFIED CONSIGNOR OR CONSIGNEE in case of service provided by goods transport agency 4.ASSET MANAGEMENT COMPANY in case service provided by a distributor to them 3.BODY CORPORATE OR FIRM in case of receipt of sponsorship service 2.INDIAN RESIDENT in case of import of service 1.INSURER in case of service provided by insurance agent Persons Liable to Pay Service Tax in Certain Cases

Have to pay Service tax on crossing the aggregate value of taxable service not exceeding the threshold limit of Rs. 10 Lacks as per Notification No. 8/2008-ST Have to get himself registered on crossing the aggregate value of taxable service not exceeding the threshold limit of Rs. 9 Lack Aggregate value of taxable service means the sum of first consecutive payments received during a financial year towards taxable service provided or to be provided. SSP Exemption Limit 9,00,000

Payment of Service Tax through G.A.R. 7 Quarterly Payment Other than Individual/Firm Individual/Firm Monthly Payment Quarter Ending on 31 st March Other Quarters Month of March Other Months Upto 31 st March 5 th of the Month following Quarter Upto 31 st March 5 th of the Next Month E – Payment of Service Tax

E – Payment of Service Tax Rs. 50 Lakhs or More (Cash+CENVAT) Optional E - Payment Mandatory E - Payment Less than Rs. 50 Lakhs (Cash+CENVAT) In case of Large Taxpayer Unit Other than LTU Check the Limit Individually for Every Registered Premises Check Cumulative Limit for Every Registered Premises

Return of Service Tax to be filed Half Yearly – ST-3 For 1st April to 30th September Due Date - 25th October For 1st October to 31st March Due Date - 25th April Input Service Distributor For 1st April to 30th September Due Date - 30th October For 1st October to 31st March Due Date - 30th April Return of Service Tax

Return of Service Tax to be filed Half Yearly – ST-3

For 1st April to 30th September

Due Date - 25th October

For 1st October to 31st March

Due Date - 25th April

Input Service Distributor

For 1st April to 30th September

Due Date - 30th October

For 1st October to 31st March

Due Date - 30th April

Basic Requirement PAN Based Service Tax Code (STC) Mention PAN Based STC in all Challan Procedure File Application to Divisional AC/DC in Annexure ‘A’ with a Trusted e-mail id & a Contact No. AC/DC will Provide User id & Password within Ten Days of receipt of Application through e-mail You can Change Password bus not User id File return on www.servicetaxefiling.nic.in Condonation of Delay Only for those using e-filing Facility first time Assessee has faced technical difficulties Delay of 1 month shall be condoned as per Circular No. 71/2004 E-filing of ST-3 return

Basic Requirement

PAN Based Service Tax Code (STC)

Mention PAN Based STC in all Challan

Procedure

File Application to Divisional AC/DC in Annexure ‘A’ with a Trusted e-mail id & a Contact No.

AC/DC will Provide User id & Password within Ten Days of receipt of Application through e-mail

You can Change Password bus not User id

File return on www.servicetaxefiling.nic.in

Condonation of Delay

Only for those using e-filing Facility first time

Assessee has faced technical difficulties

Delay of 1 month shall be condoned as per Circular No. 71/2004

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