banner_ad

Online filing and rate of service tax

Queries 665 views 2 replies

I HAVE TWO QUESTIONS, REGARDING ONLINE EFILING OF SERVICE TAX RETURN AND CHANGE OF RATE OF SERVICE TAX.

1) FROM WHICH PERIOD THE ONLINE FILING IF SERVICE TAX WAS MADE COMPULSORY ?

2) WHEN DID THE CHANGE OF RATE OF SERVICE TAX, FROM 10% TO 12%, COME INTO EFFECT ?

3) WHAT WAS THE PENALTY RATE BEFORE F.Y. 2012-13 FOR NON FILING OF SERVICE TAX RETURN ?

Replies (2)
Originally posted by : Promit Majumdar
I HAVE TWO QUESTIONS, REGARDING ONLINE EFILING OF SERVICE TAX RETURN AND CHANGE OF RATE OF SERVICE TAX.

1) FROM WHICH PERIOD THE ONLINE FILING IF SERVICE TAX WAS MADE COMPULSORY ?
.
w.e.f. 01.10.2011, every assessee will have to submit half-yearly service tax return electronically, irrespective of the amount of service tax paid by him in the preceding financial year.
.
Notification No. 43/2011–ST, dated 25.08.2011


2) WHEN DID THE CHANGE OF RATE OF SERVICE TAX, FROM 10% TO 12%, COME INTO EFFECT ?
.

 

Service Tax

Edu. Cess

SHE Cess

till 13.05.2003

5%

-

-

from 14.05.2003 to 09.09.2004

8%

-

-

from 10.09.2004 to 17.04.2006

10%

2%

-

from 18.04.2006 to 10.05.2007

12%

2%

-

from 11.05.2007 to 23.02.2009

12%

2%

1%

from 24.02.2009 to 31.03.2012

10%

2%

1%

from 01.04.2012

12%

2%

1%


3) WHAT WAS THE PENALTY RATE BEFORE F.Y. 2012-13 FOR NON FILING OF SERVICE TAX RETURN ?
.

 

upto 31.03.2011 (Rs.)

w.e.f 01.04.2011 (Rs.)

for delay up to 15 days

500

500

for delay beyond 15 days but up to 30 days

1000

1000

for delay beyond 30 days

1000 + 100/day from 31st day subject to a max. of Rs. 2000

1000 + 100/day from 31st day subject to a max. of Rs. 20000

 


what is the abatement and rate service tax  on iterior dcoration/Designer Services


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
22 May 2026
U.S. Financial Reporting & Consolidation Manager

Karia Overseas

Ahmedabad

CA

View Details
Company
23 May 2026
Article Assistant

Geeta Manchanda & CO.

New Delhi

CA Inter

View Details
Company
18 May 2026
MIS Executive

Primarc Pecan Retail Limited

Mumbai

B.Com

View Details
Company
ARTICLESHIP 05 May 2026
ARTICLED ASSISTANT

JS ADVISORS

New Delhi

CA Inter

View Details
Company
14 May 2026
Financial Analyst - Remote Finance Expert

HiringBridge

Ahmedabad

CA

View Details
Company
Featured 27 May 2026
Lead Conversion Executive / Sales Closing Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details
Company
05 May 2026
Accountant

Sanjay K Pathak & Associates

Noida

Graduate (Any)

View Details
Company
16 May 2026
Audit clerk

mgirt & co

Bengaluru

CA Inter

View Details