Dear Sir,
Please let me know the below information about service tax.
1. what is current rate of service tax on all service provider?
2. Who is liable for deposit service tax. service provider or service receiver ?
3. what is the service tax deposit date and return date?
4. How to file service tax return?
Thanks.
1. what is current rate of service tax on all service provider?
presently 12.36%(12,2 &1).
2. Who is liable for deposit service tax. service provider or service receiver ?
Generally Service provider (upto June 2012), after implementing of Reverse Charge Mechanism w.e.f.01-JUL-2012. some services comes under RCM, then SP has to bear some portion of ST and SR has to bear rest of ST amount.
3. what is the service tax deposit date and return date?
5 or 6th(e-payment) of subsequent month, for small service providers Quarterly basis. The ST3 return must be file for 6 months once. Apr 25 and OCT 25th.
4. How to file service tax return?
through online aces.gov.in website.
CAclubindia
