Service tax returns

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LCS AJAY IYER

Sr Executive: Taxation

41 Points Joined February 2011

Dear All ,

One of my client runs a Consulting Firm (Partnership firm in India) which provides services only to Companies in USA which can be termed as 100 % Export of Services. There is no Service Provision within India. Now It is clear that there will be no levy of servce tax on such services exported, but there are certain confusions with regards to Filing of Service Tax Returns & Obtaining Service tax number. on consultation with certain experts of service tax it was said that there was no need to file returns or take service tax registration while certain experts recommended to file returns and take registration.

Require your Views in this matter.

Replies (3)

Sonakshi Mangla

Employee

310 Points Joined June 2014

Registeration will be required in case your value of services exceeds Rs. 9 lacs

LCS AJAY IYER

Sr Executive: Taxation

41 Points Joined February 2011

Maam ,

turnover exceeds 15 lakhs easily.

problem is if we get registered in service tax then filing of returns becomes compulsory.

On consultation with few service tax consultants in my city 50:50 opinion has been recd.

Sonakshi Mangla

Employee

310 Points Joined June 2014

Dear Sir,

The law is silent on this issue & its my personal advice that you should take the registeration ,since in ST-3 option to fill the amount of export of services is available.. so i think you should take the reg to be on the safer side.