As per the Rules framed by the Govt, 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 the Service tax registration can result in penalty.
However, the Registration can also be obtained voluntarily even if the turnover does not exceed the specified limit of Rs.9 lakhs.
We are here to assist you in Obtaining the Service Tax Registration Number in 7 to 15 days, subject to the Government processing time.
The steps for getting the Service Tax Registration are:-
SIMPLE & TRANSPARENT PRICING
|Fees||Rs.1250/-||Rs.2000/-||Differs from Case to Case|
|Service tax Registration|
|Nil Service Tax return for First Financial Year||-||-|
|Other than Nil Service Tax Return for first Financial Year||-||-|
It is a tax levied on the transaction of certain specified services by the Central Government under the Finance Act, 1994. It is an indirect Tax, which means that normally the service providers pays the tax and recover the amount from the recipient of taxable service.Under which authority Service Tax is levied?
The Central Government levies the Service tax through Chapter V of the Finance Act, 1994 . The taxable services are defined in Section 65 of the Finance Act, 1994. Section 66 is the Charging section of the said Act.Why Registration is necessary?
Registration is the Identification of the assesses. Identification is necessary to deposit service tax , file returns and undertake the various processes required by law.IS PAN allotted by the Income Tax Department is must for obtaining the Service Tax Registration?
Having PAN is essential because the Service Tax Registration number is generated based on the PAN issued by the Income Tax Department.