Payment of service tax

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Querist : Anonymous

Querist : Anonymous (Querist)

07 April 2010 Can you clarify when we should pay service tax in case of reverse mechanism is applicable like in case of Service tax on freight , export? Whether it’s from date of Invoice? & what’s the time limit for payment of Service tax & filing return?

Shyam Lal Naik

Shyam Lal Naik (Expert)
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07 April 2010 The service tax liability should arise after payment of the bill.

The due date of payment is 5th of suceeding month/quarter. In case of e payment the date is 6th. for the month of March/ quarter ending march, the due date is 31/03.

Return to be filed halfyearly. The due date is 25th of the month suceeding the half year. ie. 25/10 and 25/04.

CMA. CS. Sanjay Gupta

CMA. CS. Sanjay Gupta (Expert)
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07 April 2010 Payment & Return Due Dates
(a) 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. (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.

Half yearly return is filed on Form ST-3. The due date for April - Sept return is 25th October and for October - March return is 25th April.

(b) Other category of service providers. Service tax is to be paid on a 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.

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Querist : Anonymous

Querist : Anonymous (Querist)

07 April 2010 Hii

Thanks for response. But i need some clarification on how this Reverse charge mechanism works in case of transportation & export or import.As per my understanding in reverse charge mechanism Invoice wouldnt contain service tax amount. Right? so how we calculate liability & how we pay. As in this case also service receiver is only paying service tax. Then how is it different from other service tax? will u plz elaborate on this? Can you let me know any reference document on this.