How is your service tax mandatory?

Doing these payments online is mandatory if your payments exceed Rs 1lakh in a year. Service tax has to be deposited with the government either quarterly or monthly based on whether you are an individual/company/partnership. Once you obtain a Service Tax Registration number, return filing is compulsory for you.

Is service tax registration mandatory?

Service Tax Registration is a tax registration required for businesses providing services in India. Service Tax registration is mandatory for every person or business in India that has provided a taxable service of value exceeding Rs. 9 lakhs, in the previous financial year.

What is service tax who is liable to pay it?

service provider
Every service provider is liable to pay service tax in India. Though service tax is an indirect tax which is collected by the ultimate consumer, but still it is the duty of the service provider to collect those taxes and pay to the government.

When do I have to make an e-payment?

Electronic payments are required if you either: 1 Make an estimated tax or extension payment over $20,000 2 File an original return with a tax liability over $80,000 More

When do I have to pay service tax?

The service tax is chargeable on the date of the issuance of the card and every 12 months thereafter or part thereof after the issuance of the card or on the date of the renewal of the card and every 12 months thereafter or part thereof after the renewal of the card. Taxable Person 13.

How to pay Central Excise and Service Tax Online?

This is a facility provided to the Assessee to make Central Excise Duty or Service Tax payments through internet, using net-Banking facility. 2 How to use this facility to pay Central Excise Duty or Service Tax? b) Your Bank is amongst the Banks that provide the e- Payment facility. 3 Whether it is mandatory to pay tax online?

How does e-payment-customs help tax payers?

It interfaces with the e-payment portals of the tax collecting banks and makes available accurate tax payment data from banks for revenue and tax payer accounting purposes.