Servicde tax applicability

Once we deduct Service Tax on services offered and it stands payable in our books even though we are not registered to pay the service tax. Then, are we supposed to pay the service tax once we are registered or shall we treat that liability as our misc. income since we are not liable to pay the service tax at the time of tax deduction?

Please guide.

Shashankk Rakhecha

Replies (3)

Mr.Shanshank Please note that as per provisions related to service tax law any service provider whose gross receipts exceeds Rs 9 lakhs during the year for the first time he should register itself under service tax. Further You can charge servicetax only when your gross receipts exceeds Rs 10 lakhs during the year than service tax is to be charged after crossing this limit.

How can you charge servicetax until you are not registered and doesnot have service tax registration because on invoice it is to compulsorily to be mentioned. Further you can collect service tax and assume it as your misc. income it is illegal.

Thanks

Pankaj Mittal

Under Section 73A of the Finance Act, U R just now to deposit the tax collected by U after getting registered

 

Raksh*t

9810525780

Yes. i agree with Pankaj any person cannot  and  should not collect the tax unless they  comes under the limit which was stated above i.e., 9 lakhs. Therefore you can remmit the into department once u registred with service tax department and then u need to mention the SERVICE TAX REG.NO in invoice while u do the business and collecting the service tax.

Hari prasd.J

 

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
10 November 2026
Direct Tax Manager

CAAQ CONSULTANCY PVT LTD

New Delhi

CA Final

View Details
Company
Featured 07 November 2026
Paid Assisstant

DPV & Associates

Chennai

CA Inter

View Details
Company
23 October 2026
Sr. Accountant

SANKARAN & KRISHNAN

New Delhi

B.Com

View Details
Company
Featured ARTICLESHIP 31 October 2026
CA Articleship

apricus india

Navi Mumbai

CA Inter

View Details
Company
16 October 2026
CA article trainee

Zerdi & Co. Chartered Accountants

Pune

CA Inter

View Details
Company
15 October 2026
Senior Accountant

Continental Belting Pvt Ltd

Mumbai

B.Com

View Details
Company
ARTICLESHIP 20 October 2026
CA ARTICLE

AMKN & CO

Noida

CA Inter

View Details
Company
30 October 2026
Asst Manager Accounts

Goodwin Pumps India Pvt Ltd

Chengalpattu

CA Inter

View Details