26 May 2012
w.e.f. 1 oct. 2011, it is mandatory to e-payment of service tax and e-filling of service tax return. So now, as per new rule, what is last date of service tax payment. 5 or 6 ?
26 May 2012
1) e-filing is mandatory from 1/10/2011 to all assessees vide notification 43/2011ST dated 25.08.2011. 2) e-payment is not mandatory to all. But restricted to certain assessee's as per proviso to rule 6(2) of the Service tax Rules,1994 which is copied below.
"Provided that where an assessee has paid a total service tax of rupees ten lakh or more including the amount paid by utilization of CENVAT credit, in the preceding financial year, he shall deposit the service tax liable to be paid by him electronically, through internet banking.
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