Can anyone help in paying my service tax or paid consultancy

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Kushal Kumar

B.Com

23 Points Posted on 11 September 2015

Hello All Experts of Service Tax India,

I am running a World Wide Web (WWW) Solutions firm and I mostly have clients from overseas, where my service tax is exempted and I am not liable to charge them service tax nor I am liable to pay service tax here in India. Unfortunately have taken service tax number just because I come under the barrier of income of Rs. 10,00,000.00 Lacs. But now after knowing the fact that if I am providing the service to overseas then I am not liable for service tax. Now in this situation I want to cancel my service tax number or if I keep this and may be in future, if reach the limit of earnings of Rs. 10 lacs in here in India. Then I may have to pay the service tax. So can anybody help me solve this issue that shall I keep the service tax number or shall I cancel it. If I keep the number then I will have to upload all my accounts every 6 months and pay a NIL return.

Can anybody here from experts tell me or can give me a paid consultancy or service that what shall I do in this situation, whether I keep the number and you (CA) will look after the half yearly returns or you (CA) can help me to cancel the number or there is no need file a NIL return if there is no income from my Local country.

I hope the query above is easy and I have made all readers easy to understand my Problem.

Replies (2)

Aditya RVS

Practice

162 Points Posted on 12 September 2015

Dear Kushal,

Once you are registered under Service Tax, it is mandatory to submit half-yearly returns (even if they are NIL returns), unless you cancel the registration.

If you hope to get local business here in future, it is advisable to retain the registration and submit NIL returns till that time.

However, if you don't wish to retain the registration, you can cancel the same.

I can provide you paid consultancy in both the cases as above.

Kushal Kumar

B.Com

23 Points Posted on 13 September 2015

Dear Mr. Aditya, Thank you for your response. I am thinking of retaining the number as it is good for any company....I am located in Mumbai....Kandivali West....can you help me by coming to my office or please can you send your contact. Thanks.