TDS,VAT & SERVICE TAX

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irfan (Querist)
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19 November 2010 LAST DATE FOR PAYMENT OF TDS, VAT AND SERVICE TAX
AND
LAST DATE FOR FILING TDS RETURN, VAT RETURN & SERVICE TAX RETURN

plz sir provide me information on this

i am fresher working as an accountant

Sanaulla Sharief

Sanaulla Sharief (Expert)
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19 November 2010 Last date for payment:
Deposits of TDS:- In case of salaries and other payments, the tax deducted by the employer/deductor is required to be deposited with the tax authorities on or before seven days from the end of the month in which the tax has been deducted. A relaxation has been provided for the tax deducted at the end of the financial year i.e., in the month of March wherein tax could be deposited on or before 30th April.

VAT: 20th, Service Tax: 5th

Last date for filing:

Date of ending of the quarter of the financial year
TDS Due date
1.
30th June
15th July of the financial year
2.
30th September
15th October of the financial year
3.
31st December
15th January of the financial year
4.
31st March
15th May of the financial year immediately following the financial year in which deduction is made.

Due dates to filing Service Tax return:
ST-3 Return is required to be filed twice in a financial year – half yearly.
Return for half year ending 30th September and 31st March are required to be filed by 25th October and 25th April, respectively.

If a person fails to furnish the ST-3 Return within the due date [25th October and 25th April every year] he shall be liable to penalty which may extend to an amount not exceeding one thousand rupees (Section 77 of the Act)

Mandatory Penalty for Late filing of ST-3 Return under Rule 7C of Service Tax Rules, 1994

Sl. No.

Period of Delay from the prescribed date

Penalty

1

15 days

500/-

2

Beyond 15 days but not later than 30 days

1000/-

3

Beyond 30 days

1000/- plus100/- for every day from the thirty first day till the date of furnishing the said return

VAT Monthly: 20th,

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