How to claim service tax

This query is : Resolved

Sakshi kumar (Querist)
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24 September 2011 An assessee has let out its Commercial property to a pvt bank & receiving monthly rental of rs.100000. As per there agreement,service tax is to be paid by the bank.. Please tell me how can the assessee claim the service tax from the bank & deposit it to the govt.. If there is any format for claiming service tax,then please attach the required format..

Dintakurthi Tirumala

Dintakurthi Tirumala (Expert)
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24 September 2011 First of all he has to service tax registration no if not then apply for it or already had then submit a bill to the bank indicating his service tax no and specifying the amount like as follows:
For monthly bill
Rent for the month_________ Rs.100000
Add: service tax Rs. 10300
Total Rs.110300
Less: TDS @10% Rs. 10000
Net amount payable Rs.100300

Note: is any lower rate deduction got then that rate specify instead of 10% of TDS. If he has not submitted the PAN no or not has the pan no at the time of receipt of income then the TDS rate will be @20%.
The deposit of Service tax can be made through online or manually at the bank by using the form ST-3 or GAR-6(i am not confident about the form) with in the 5th(in case online 6th) of the immediate following month of the end of the quarter( for companies month) on which the service tax collection made.
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