Hi,
I am individual who is recieving the rent in excess of 10L hence need to pay service tax. I need help in validating some assumptions below.
1. I need to pay service tax for each quarter, by 5th of the following month (For example for April to Jun 2014, I need to pay service tax by 5th July 2014). Is this correct?
2. Service returns i need to file once in 6 months (for example for a period from April to September 2014, I need to file returns sometime in October 2014) Is this correct? Any cut off date for filing service tax returns?
New to this field and trying to self-manage. Great help so far in this forum.
Regards,
Murali
CAclubindia
