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Important Update / News / Due Date

SERVICE TAX REGISTRATION

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Service tax is a tax levied on services rendered by a person / any legal entity and the responsibility of payment of the tax is cast on the service provider. It is an indirect tax as it can be recovered from the service receiver by the service provider in course of his business transactions. Service Tax was introduced in India in 1994. It was imposed on a initial set of three services in 1994 and the scope of the service tax has since been expanded continuously by subsequent Finance Acts. The Finance Act, extends the levy of service tax to the whole of India, except the State of Jammu & Kashmir. Now, it is charged on all services except the services covered in the negative list (Section 66d of Finance Act'1994) of services & services covered under Mega Exemption Notification (Notification NO. 25/2012 ST dated 20.06.2012).


Applicability for Registration

Gross Turnover from Services in a Financial Year exceeds 9 Lakh Rupees .

Registration 

Procedure

  • Applying for Service Tax Registration in Form ST-1 online.
  • Registration Certificate - ST-2 received from department within 2 Days
  • Submit hard copy duly attested alongwith ST-1 within 7 days from application

Document Required

List of Document required for Service Tax Registration by different legal business service providers (Kindly click for download)

Service Tax Rate

14%  (Before 15.11.2015)

14.5% (From 15.11.2015 to 31.5.2016) including SBC

15% (From 1.6.2016 onwards) including SBC + KKC

Period of Return

April to September   (Due Date on or before 25th October)

October to March (Due Date on or before 25th April)