20 October 2010
my organisation is a HUF firm. i had been paying the service tax quarterly. however rule 6 of service tax rules mentions that quarterly payment only for individuls, proprietorship firm and partnership firm. rest all have to pay monthly. nothing specific has been written about an HUF firm. please guide as to the payment of service tax. should it be monthly or quarterly?
20 October 2010
I think for HUF , Service tax should be payable quarterly. The reason is service tax payable only in case of business concern. HUF busniss should be covered under proprietary firm.