SERVICE TAX REGISTRATION

It is a tax which is payable on the services by the service provider. This tax is payable by the service provider to the Govt. of India. However, service provider can receive the amount from the service receiver and shall submit the same to the Govt.

REGISTRATION SHALL BE OBTAINED WITHIN 30 DAYS FROM:

1. The date of commencement of business or introduction of levy.
2. The date of crossing the limit of Rs. 9 lakhs in the case of SSSP.
3. c. The date of commencement of business.

FOLLOWING DOCUMENTS ARE REQUIRED FOR REGISTRATION:

• Self certified copy of PAN
• Copy of MOA/AOA I case of companies
• Copy of board resolution
• Copy of lease deed
• Registration certificate of partnership firm.
• Copy of a valid power of attorney

PROCEDURE TO MAKE AMENDMENTS WITH REGARD TO CHANGE IN PARTICULARS:

• Changes shall be intimated to the department within 30 days of such change.
• It should be clearly highlighted on the form that ST 1 is being filled for an amendment
• Submit a certified copy of registration certificate
• Application may be accompanied by a note explaining the circumstances that led to such change.

TIME FRAME FOR REGISTRATION OF SERVICE TAX:

• Ø It takes average time of 7-8 days after submitting the complete application.

DUE DATES OF SERVICE TAX:

• Assessee is an individual, proprietor, or partnership firm, service tax is to be paid on quarterly basis. The payment is to be made by the 25th day of the month following the quarter.
• In respect of other categories, tax is payable on monthly basis and to be made by 25th day of the succeeding month.

PENALTY:

A person who

1. is liable to pay service tax or
2. is required to take registration and fails to obtain registration shall be liable to a penalty of ` 5,000 or ` 200 for every day when the failure continues till the date of compliance, whichever is higher.

REGISTRATION UNDER SERVICE TAX LAW:

• Every person providing a taxable service of value exceeding Rs. 7 lakhs is required to register with the central excise or service tax office having jurisdiction over the office of such service provider.
• The ‘Input Service Distributors’ also require registering themselves.

PROCEDURE TO CANCEL SERVICE TAX REGISTRATION:

• Cancelling service registration is a simple process.
• Submit a letter to jurisdictional officer requesting cancellation and surrender the original registration certificate.
• Get dated acknowledgement on the copy of the letter submitted to the department.
• Then the department will issue letter cancelling the registration.