Service tax is an indirect tax payable on taxable services specified by the Central Government under Finance Act, 1994.
Every provider of taxable service has to pay service tax at the rate of 14.5% of the gross receipts only when the gross receipts of the financial year exceeds Rs.10 lakhs, the liability to get registered under service tax arises at the point when the gross receipts exceeds Rs. 9 lakhs.
Every registered service provider has to pay the amount due of service tax quarterly within 5 days of the end of the quarter and the return of service tax must be submitted half yearly within 25 days from the end of the half year.
You need to send us PAN cards, identity, address proofs and four passport-sized photographs of the proprietor/partners/directors. Private limited companies must also submit the Memorandum and Articles of Association, Form 32, Form 18 and Certificate of Incorporation, while Partnerships must submit the Partnership Agreement. Finally, the rental agreement for the office address, if it is rented, along with the electricity bill.
The application will be prepared by our representatives in two working days. It will then be filed and submitted to the authorities via our affiliates. We will be sent a basic acknowledgement within seven working days.
Your application will be processed by the department and may involve a physical inspection. Once approved, the Service Tax Number will be issued. A certificate will also be issued. We will courier it to you when it is received from the government department.