Service tax registration
This query is : Resolved
28 December 2010
Dear Experts,
is it necessary to apply for service tax registration even if the service provider hasn't exceeded the turnover limit of Rs 10 lakhs?The service concerned here is Advertising.
Regards,
Sukanya
is it necessary to apply for service tax registration even if the service provider hasn't exceeded the turnover limit of Rs 10 lakhs?The service concerned here is Advertising.
Regards,
Sukanya
28 December 2010
If amounts crossed to Rs. 9 lacs registration is compulsory.
28 December 2010
But as per Sec 69 & Rule 4 "Application for registration to be made by every person liable for paying the service tax in Form ST-1 within 30 days from the date on which service tax is levied or within 30 days from the date of commencement of business of providing taxable service, whichever is later."
Please explain that..
Please explain that..
29 December 2010
As clarified by Mr. Shailesh Bhagat, if the total service tax payment on taxable turnover is likely to be less than Rs10 lacs, such service providers are treated as small scale service providers and enjoy general exemption from registration. However, this is subject to two caveats:
(1) On the turnover reaching Rs.9 Lacs, the service provider should get himself registered with the jurisdictional Service Tax Commissionerate.
(2) In case any service tax is collected by a small scale sevice provider, the tax amount so collected has to be remitted to the Treasury within due date, for which registration would be required.
As for your second query:
'as per Sec 69 & Rule 4 "Application for registration to be made by every person liable for paying the service tax in Form ST-1 within 30 days from the date on which service tax is levied or within 30 days from the date of commencement of business of providing taxable service, whichever is later."'
the date of commencement of providing taxable service would be deemed to be the date on which the taxable turnover exceeds Rs.9 lacs and the registration has to be done within 30 days therefrom.
(1) On the turnover reaching Rs.9 Lacs, the service provider should get himself registered with the jurisdictional Service Tax Commissionerate.
(2) In case any service tax is collected by a small scale sevice provider, the tax amount so collected has to be remitted to the Treasury within due date, for which registration would be required.
As for your second query:
'as per Sec 69 & Rule 4 "Application for registration to be made by every person liable for paying the service tax in Form ST-1 within 30 days from the date on which service tax is levied or within 30 days from the date of commencement of business of providing taxable service, whichever is later."'
the date of commencement of providing taxable service would be deemed to be the date on which the taxable turnover exceeds Rs.9 lacs and the registration has to be done within 30 days therefrom.
Message likes :
1 times
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
- GST ITC REVERSE
- Fixe term employment
- Is any professional CA is here please reply
- Reprocessing of rectification order AY 2025-26
- FTS Taxable under 115A
- Tax Audit u/s 44AB for Transport Business A proprietorship is engaged in transportation business and
- Section 50-fixed asset-->building ceases to exist
- Putting a heading on received mail
- EXPORT BILL UNDER LUT FREIGHT CHARGE INCLUED IN INVOICE IT LIABLE TO TAX
- RCM ISSUE ON RENT AND TRANSPORTATION CHARGES
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- STATUTORY AUDIT OF A SMALL PRIVATE COMPANY INCORPORATED ON 28.03.2025
- 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
- CALCULATION OF DEFFERED TAX - OP BL IS DTL & CURRET IT DTA
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
