22 March 2015
I am having service tax registration and providing loan recovery services to banks & financial institutions and as per service tax notification 10/2014 in case of services provided or agreed to be provided by a recovery agent to a banking company or a financial institution or a non-banking financial company, service tax is payable by the person receiving the service i.e. banks and financial institutions. I want to confirm where: I have not to file service tax return or I have to file NIL service tax return or I have to file service tax return showing the turnover. And if 3rd option is correct then how i have to show the figures of without service tax bills in my return.