SERVICE TAX PROCEDURES

BY

C A S H A I L E S H R A T H IACA, M.Com

B A H E T I & S O M A N IChartered 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

(a) Proof of address of the premises office sought to be registered

(b) 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

5.SPECIFIED CONSIGNOR OR

CONSIGNEEin case of service provided by goods transport agency

4.ASSET MANAGEMENT

COMPANYin case service provided by a

distributor to them

3.BODY CORPORATE OR

FIRMin case of receipt of sponsorship service

2.INDIAN RESIDENT

in case of import of service

1.INSURERin case of service

provided by insurance agent

Persons Liable to Pay Service Tax in Certain

Cases

Reverse Charge

300000400000

600000

8000001000000

0

200000

400000

600000

800000

1000000

X 01/04/2004 01/04/2006 01/04/2007 01/04/2008Turnover

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/FirmIndividual/Firm

Monthly Payment

Quarter Endingon 31st March

Other Quarters Month of March Other Months

Upto 31st March5th of the Month

following QuarterUpto 31st March

5th of the Next Month

E – Payment of Service Tax

E – Payment of Service Tax

Rs. 50 Lakhs or More (Cash+CENVAT)

Optional E - PaymentMandatory E - Payment

Less than Rs. 50 Lakhs(Cash+CENVAT)

In case of Large Taxpayer Unit

Other than LTU

Check the LimitIndividuallyfor Every RegisteredPremises

Check Cumulative Limit for Every

RegisteredPremises

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

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

THANK YOU