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New Service Tax Registration

Queries 855 views 3 replies

nabarun

proprietor

25 Points Posted on 18 January 2011

Hi, I am new to this forum. I am running my own proprietorship firm. I have registered my business and obtained trade licence in November 2009. I haven't maintained any BOA under rule 6F yet. After researching on internet I came to know that my services (i.e. Graphics and Web designing) are are taxable services. I have't charged any service tax to any service receivers yet. my turnover didn't exceed 9L in the previous year nor my income exceeded 1.6L. I haven't applied for service tax registration certificate yet. Now kindly provide me with necessary guidance what are the initiatives I need to be taken at this stage.

Replies (3)

Pankaj Arora

Learner

3134 Points Posted on 18 January 2011

No Need to charge Service tax. After crossing turnover 9L. Apply for registration in ST-1 and you will get certificate from Superintendent of excise in ST-2. Till than keep filing your it-return every year,

nabarun

proprietor

25 Points Posted on 18 January 2011

Thanks Pankaj, but I have been told that, a person is liable for service tax registration within 30 days of commencement of business / ISD/ turnover exceeds 9L. Therefore a confusion arises, could you please clarify the confusion lies therein.