Calculation of s.tax

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

08 December 2012 Dear Sir i want know how to calculate servic tax on individual/proprietor/huf/society.

is it monthly basis or quarterly? and due date also?

@VaibhavJ

@VaibhavJ (Expert)
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08 December 2012 Hi

In case of Individuals or Proprietary Concerns and Partnership Firm, service tax is to be paid on quarterly basis. The due date for payment of service tax is the 5th of the month immediately following the respective quarter. For the purpose, quarters are : April to June, July to September, October to December and January to March. However, payment for the last quarter i.e. January to March is required to be made by 31st of March itself.
( Refer Rule 6 (1) of Service Tax Rules, 1994)

In case of any other category of service provider than specified in 1 above, service tax is to be paid on monthly basis, by the 5th of the following month. However, payment for the month of March is required to be made by 31st of March itself.
( Refer Rule 6 (1) of Service Tax Rules, 1994)

Thanks//Vaibhav
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