As per the Finance Act 1994, Service Tax Return filing is mandatorily required twice a year by all persons and entities having a Service Tax Registration. Return for half year ending 30th September and 31st March are required to be filed by 25th October and 25th April, respectively.
Our Service tax experts can help you compute your service tax liability, e-file the service tax return and keep you in compliance with service tax regulations.
The steps for Filing the Service Tax Return are:-
|Fees||Rs.1000/-||Differs from Case to Case|
|Nil Service Tax return for First Financial Year||-|
|Other than Nil Service Tax Return for first Financial Year||-|
The steps for filing the income Tax Return are:-
Importers should have a Valid Importer Registration number.Whether you can revise the Service Tax Return?
Yes, you can revise the Service Tax Return within 90 days.If you have not charge any Service tax on any bill, then whether it is mandatory to file the Service Tax Return?
Yes, it is mandatory to file the Service Tax return even if no Service tax is there.What are the Penalty Provisions in case of late filing of Service Tax return?
The Penalty provisions in case of late filing are:- Upto 15 days - Rs.500
Upto 15 - 30 days - Rs.1000
More than 30 days - Rs.1000 + Rs.100 per day subject to maximum of Rs.20,000.