Service tax payment & return as per new amendment rate- 14%
This query is : Resolved
Sunil Pawar
(Querist)
20 May 2015
Dear Experts,
WE are partnership firm our payment mode of service tax is on quarterly basis. As per new service tax rate wef from 01.6.15. the rate will be change, My questin is that :-
1) How to make payment of service tax for Apr & May.15 which rate is 12.36% ?
2) What about June.15 service tax payment ?
3) How to make Service tax return for Apr to may.15 & June.15 onward which rate become change.
Thanks,
Sunil Pawar
WE are partnership firm our payment mode of service tax is on quarterly basis. As per new service tax rate wef from 01.6.15. the rate will be change, My questin is that :-
1) How to make payment of service tax for Apr & May.15 which rate is 12.36% ?
2) What about June.15 service tax payment ?
3) How to make Service tax return for Apr to may.15 & June.15 onward which rate become change.
Thanks,
Sunil Pawar
22 May 2015
1) Make the Service Tax Payment in usual way selecting respective codes rate will be 12.36%.
2) While making payment of June rate will be 14% and the entire amount will be deposited in service code and no amount in cess code.
3) There will be no issue in Service Tax return. Upto May 2015 12.36% will apply and from June to Sept 2015 14% will apply.
2) While making payment of June rate will be 14% and the entire amount will be deposited in service code and no amount in cess code.
3) There will be no issue in Service Tax return. Upto May 2015 12.36% will apply and from June to Sept 2015 14% will apply.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Clarification on GST, TDS, and Accounting Provisions for Import/Export
- GSTR9 Annual Return
- Ito add credit side of bank
- Clarification on GST, TDS, and Accounting Provisions for Import/Export Commission Agents,profes. ser
- Employee secondment
- Import of Capital Machine
- Gift to nri relatives resides in usa
- Reward for festival
- Positive Balance in RCM Liability/ITC Statement – Commercial Rent RCM – Guidance Required
- LLP audit and disclosure
- Tally: Imported bank entries do not show up in manual reconciliation
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
- How to pay remaining amount of TDS after due date?
- Resigning a auditor from the company for misconduct
- RCM @ 5% on Hamali charges, Transport Charges, Unloading charges we take ITC or not
- Need Professional Opinion - AY 2012-13 Old Demand & AY 2026-27 Refund Adjustment
- CALCULATION OF DEFFERED TAX - OP BL IS DTL & CURRET IT DTA
- LLP audit under companies act
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
