CS PURSUING
43853 Points
Joined December 2009
NO, ELIGIBLE when he is NOT REGISTERED HIMSELF AS PER RULES.
WHEN HE IS service provider and exceeds the gross amount of service tax more than threshold limit in any preceding year or in current year, he has received the gross amount of more than threshold limit of Rs. 9,00,000/-.
A person liable to pay service tax should file an application for registration within thirty days from the date on which the service tax on particular taxable service comes into effect or within thirty days from the commencement of his activity. (Refer Rule 4 (1) of Service Tax Rules, 1994)
Every assessee is required to submit a half yearly return in form S.T.3 or S.T.3A (in triplicate) along with copies of T.R.6 challans. GAR-7 For the purpose of filing returns half year is counted from April to September and October to March. In case the assessee has opted for provisional payment of service tax he is required to file the service tax return in form S.T.3A. (Rule 7(1) of Service Tax Rules, 1994)
FURTHER NOTED THAT:-
The half yearly return is required to be filed by the 25th of the month following a particular half year. (Rule 7(2) of Service Tax Rules, 1994)
The assessee is required to deposit the amount of service tax due in the designated banks through TR-6 challan .
(Refer Rule 6 (2) of Service Tax Rules, 1994) ( Assessees may contact jurisdictional office for details of designated banks.)
FURHTER NOTED THAT:-
From 1st October, 2006 e-payment of service tax has been made mandatory for the assessees who have paid service tax of Rs.50 Lakhs and above during the last financial year or who have paid service tax of Rs.50 Lakhs and above during the current financial year (i.e. 2006-07, till 30th September, 2006) (Refer Rule 6 (2) of Service Tax Rules, 1994)