Service tax payment

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This query is : Resolved

Bhavyesh Mehta (Querist)

20 May 2013 If assesse 's gross receipt in the f.y 2012-13 are 15,00,000 Rs.as on 31st march,2013. So., it is mandatory for him to get registration number of service tax. If he get registration number as on 15.5.2013. So at the time of filling the return he has only required to disclose the receipt of the particular quarter. What about the receipt of last f.y year 2012-13.

Is he liable to pay service tax on last financial year 2012-13 gross receipt also? If yes, then he has mention last year gross receipt in this quarter 's particular return?

Reply as soon as poszible

Shekhar Panwar

Shekhar Panwar (Expert)

20 May 2013 a person is required to register himself or herself as and when his or her business's gross receipt exceeds rs.9 lac as gross receipt of ur business exceeds the said limit in ur previous year only so u were required to register urself in the last year only.
but still u have not registered urself so get urself register as soon as possible and start complying

if still have any doubt can reach to me. Thanks & Regards
CA. Shekhar Panwar
+91-989-982-2020
stqinfo7@gmail.com ca.shekhar.panwar@gmail.com

Bhavyesh Mehta

Bhavyesh Mehta (Querist)

22 May 2013 Assesse is registered as on 15/05/2013.So Is Assessee has mention last financial year 2012-13 's gross receipt in this quarter(April to June)? & Is he liable to pay tax on last financial year 2012-13 gross receipt?

Shekhar Panwar

Shekhar Panwar (Expert)

24 May 2013 If assessee can proof that the reciept what he is showing to be the one which pertains to current year then he can show them as current year receipt but that might be little risky so consult expert for that or there is a scheme which recently came into effect for waiving the penalty and interest you also can opt that
if still have any doubt can reach to me.
Thanks & Regards
CA. Shekhar Panwar
+91-989-982-2020
stqinfo7@gmail.com
ca.shekhar.panwar@gmail.com

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