Is service tax registration required?

Queries 885 views 13 replies

Hi, I am an individual technical proffesional.

I am providing technilcal services to UK.

I was not very much aware of the service tax rules, but was knowing that Export of service is exempted.

However this financial year, the income has exceeded 10,00,000 INR. Should I get a service tax registration.

Also I have already billed for the same amount and the amount has been credited to my account. Will there be any fees for delaying the service tax registration?

Please suggest.

Replies (13)

Hi

In my Opinion it is better for you to have a service tax registration. If you have had only export turnover and India turnover below the exemption limit there is no need to worry on the fees / charges / pentaly.

Since you are exporter you could claim refunds to service tax which you have paid bills of your vendors (subject to applicablity). Hence my suggestion is to have yourself / company registered for Service tax.

Regards

Prasad

9845298827

 

 

Thanks Prasad, For the quick reply.

So There is nothing to worry for delay in registration right?

Yes and the process of registration is also simple, most part of it can be done online.

Great. I will go with registartion ASAP.

Thanks again.

yes you have to register under service tax.

first you have to register as service tax assesse and you need to claim exemption in the return

 

 

yes you have to register under service tax.

first you have to register as service tax assesse and you need to claim exemption in the return

 

 

yes you have to register under service tax.

first you have to register as service tax assesse and you need to claim exemption in the return

 

i am doing job work for a limited company who have given me place in their premises.

These jobs are send under excise challan 4(5)(a) only. after the jobwork the same are returned to them.(no other party work is done) Annually less than 1.5 cr is the turnover .

Should i take a service tax regsiration number ? ( the service tax will be nil always as they are sending under 4(5)(a) and clearing on payment of excise only.

Thanks 
Rahul 

i am doing job work for a limited company who have given me place in their premises.

These jobs are send under excise challan 4(5)(a) only. after the jobwork the same are returned to them.(no other party work is done) Annually less than 1.5 cr is the turnover .

Should i take a service tax regsiration number ? ( the service tax will be nil always as they are sending under 4(5)(a) and clearing on payment of excise only.

Thanks 
Rahul 

how many ca selected in campous mach 2012...????

 

Redister and fill half year return... with nil tax liability,,,,!!!

@ Rahul

In your case as far as my concern is service tax registration is mandatory for your enterprises. Since your service is applicable for Service Tax and exepmt from tax. However there is no penalty for registration for your case. Because your service is exempt from tax.......

Originally posted by : rahul

i am doing job work for a limited company who have given me place in their premises.

These jobs are send under excise challan 4(5)(a) only. after the jobwork the same are returned to them.(no other party work is done) Annually less than 1.5 cr is the turnover .

Should i take a service tax regsiration number ? ( the service tax will be nil always as they are sending under 4(5)(a) and clearing on payment of excise only.

Thanks 
Rahul 

No service tax registration is required in your case. As your taxable turnover has not crossed Rs 9lac you are not required to take registration under Service Tax Rules, 1994.


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