periodicity for payment of service tax

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This query is : Resolved

peena (Querist)

12 January 2009 we are private ltd co. haviang service tax registration
our liab. does not exceed rs. 50 lacs per year including current year
what is the perodicity for payment of service tax - quarterly or monthly

Bhaskaran Chackrapani Warrier

Bhaskaran Chackrapani Warrier (Expert)

12 January 2009 Monthly.

CA Chaitanya

CA Chaitanya (Expert)

12 January 2009 It is to be on montly basis.

CA Chaitanya

CA Chaitanya (Expert)

12 January 2009 If your total service tax payment doesnot exceed 50 lakhs it has to be paid on or before the 5th of next month of collection.

CA Chaitanya

CA Chaitanya (Expert)

12 January 2009 If it exceeds 50 lakhs, the amount has to be paid by way of e-payment and it has to be paid by 6th of the next month preceeding the month of collection.

CA Chaitanya

CA Chaitanya (Expert)

12 January 2009 If it exceeds 50 lakhs, the amount has to be paid by way of e-payment and it has to be paid by 6th of the next month preceeding the month of collection.

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