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Vardan Singh Sengar (Accounts Manager in Private Company) (433 Points)

16 March 2013

One of my frined have been applied for Service Tax Number and same has been issued on 21st December-2012. His sale/Bill as on date NIL. I want to know :- 1. NIL return is mandatory ? If yes what is the last date of Filing return ? 2. If anybody applied for Service Tax Number and after issuing the ST Number it is mandatory to add service tax from First Bill ? or will be add after 10 Lakhs in same Financial Year. Thanks for your Co-Operation in advance.

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Asif Khan (Taxation executive) (410 Points)
Replied 16 March 2013

Dear Vardan.

As you have Registered for servicetax for the first time and you have no such transaction till March than you hav eto atleat file a NIL return as it is mandatory. The due date for filing Half yearly return of Oct 12 to March 13 would be 25th April 2013.

Exemption Limit of Rs 10 lakhs is available for Small service Providers. For Newly registred assessee You dnt have to charge service tax from first bill. For Next year onwards.

See chart

Aggregate value of Taxable Services provided		Service Tax applicable
Preceding Financial Year	Current Financial year	Service Tax applicable
Less than 10 lakh	Less than 10 lakh	No service tax
Less than 10 lakh	More than 10 lakh	Service tax applicable after 10 lakh
More than 10 lakh	Less than 10 lakh	service tax applicable from Rs one ,No exemption available