Service tax is a tax which imposed on taxable services provided in India (other than J&K). Due dates for liability of depositing service tax in the account of government is 5th of every month for the month ended, if payment mode is Offline (i.e. for the month of January due date for depositing service tax challan is 5th February), and 6th of every month for previous month, if payment mode is Online (i.e. for the month of January due date for depositing service tax challan is 6th February). After GST implementation, the service tax payment due dates and filing date are changed.
Due Date of Return Filing of Service Tax
- For April to June (1st Half) due date is 15th August
Service Tax Payment (Offline & Online) Due Dates for Companies and HUF of FY 2016-17 after GST
| Payment Offline | Payment Online |
|---|---|
Note: March month service tax deposit (offline and online) date is 31st March because it’s the end month of the financial year.
Due Date of Service Tax Payment for Partnership Firms and Individual after GST
| Quarter | Quarter Period | Last Date of Filing |
|---|---|---|
I am an agent of various banks and NBFC’s Housing loan and Loan against property now i had received commission from them amount of 10 lac from april 16 to till date shall i liable to pay service tax and how ? i does’t issue any invoice for commission to banks and i neither received any amount from the parties.
Sir, Please see the taxable services column and look for any service in which you are covered. Because tax-ability will be applicable only if you are covered under any taxable services.
Hi
Is there any service tax applicble on export of services , foreg refer to three scenarios :
1) goods are exported from china to to Usa and the chineses vendor provide me commission .
2) goods are exported from India to USA and the USA client provide commission .
3) goods are exported from Indian to USA and Indian vendor provides me commission
Export services are exempted for service tax.
if failed to submit service tax return on 25/10/2016 relevant to April to Sep 2016, what is the procedure, or fine if any
If you are failed to file the return on due date than you can file late returns too. According to the provision there are late file penalty provisions. But you can file the return without that too. After department will generate the late file liability and then you can pay only liability amount.
Is the service tax due data calculated based on the Invoice date or on the date of payment?
For e.g, I raise a invoice in Oct 2016, but the payment happens only after 90 days. Should I be paying by ST on 5th of Nov or after I receive the payment?
Point of Taxation whichever is earlier:
(a|) date on which invoice for the service provided /or to be provided is issued or
(b) where the invoice is not issued within the 14 days of services completion then
the date of completion shall be consider
© in case of advance payment than date of advance payment
Now in above case your tax liability is on 5th Nov
HOW MUCH RATE FOR SERVICE TAX LATE PAYMENT AND IT IS PER DAY OF PER MONTH …KINDLY CONFIRM
If the Service provider have not make the payment to the government then Interest will be payable
:
From 14/05 /2016 onwards:
1) 24% p a ( in case of Will full default and turnover > 60 Lacs )
2) 21% p a (in case of Will full default and turnover <= 60 Lacs ) 3) 15% p a (in case of other than Will-Full Default and turnover > 60 Lacs)
4) 12% p a (in case of other than Will-Full Default and turnover <= 60 Lacs) From 1/10/2014 till 13/05/2016: 1) 18% p a ( Upto 6 Months and Turnover > 60 Lacs)
2) 15% p a (Upto 6 Months and Turnover <= 60 Lacs) 3) 24% p a (6 Months to 1Year and Turnover > 60 Lacs)
4) 21% p a (6 Months to 1Year and Turnover <= 60 Lacs) 5) 30% p a (More than 1 Year and Turnover > 60 Lacs)
6) 27% p a (More than 1 Year and Turnover <= 60 Lacs)
If the Service provider have not make the payment to the government then Penalty will be payable for fy 2013-14, 2014-15, 2015-16 & 2016-17 (Please Clear Due Date of Penalty)
The due dates of penalties are not provided by the department. It will be given only in the demand notice itself. Normally within 15 days of notice is the last date of payment of penalty.