The Service tax came into existence around 22 years back in July, 1994 under the Finance Act in India. Primarily, it is a tax, which is paid by the service provider to the government on certain service transactions, but actually recovered from the customers who take the services. It comes under the category of Indirect Tax. As of now, there are ample amount of software’s, which are designed by professionals and provide a simple way of filing your tax returns. One of them is the Gen Service Tax Software that provides you to file your Service Tax Returns online with utmost ease.
Gen Service Tax is a free trial program developed by Sag Infotech Pvt. Ltd. via, which you can avail the service of filing your returns for a maximum of 10 hours. This handy tool provides you the facility for preparing your service tax returns, upload your ST-3 returns and online registration to ACES. The best part of this software is the time limit it is providing. You do not need to worry even if you have done your work only for half an hour, still you get 9.5 hours remaining in your account to carry on from where you left before.
The product delivers you major features and benefits. Some of them includes online Registration of ST-1, Amendment in ST-1, Master Data Import from ST-1, Preparation of ST-3, Filling of ST-3 in Offline and Online Mode, E-Payment and printing of GAR-7 Challan. Moreover, the Gen Service Tax composes CENVAT registers with a periodic CENVAT summary and Auto Calculation. Of Interest, Late Fees and Penalty. ST-3 form can be easily prepared by the user via modes like excel or XML. After filling the form online, he can generate acknowledgement and return form of the same via our software.