03 November 2014
Sir, my father is working as a quality control manager in a MNC company on a contract basis as service provider from past 2months.. And the company is remitting salary including service tax 12.36%.. please guide the procedure how and when I have to pay service tax n under which category of service should I pay.. and is it compulsory to do service tax registration if yes, pls guide me the procedure..
22 November 2014
1. If the turnover for the year exceeds Rs. 9 lakhs then the service provider is required to get himself registered under service tax.
2. If the turnover exceeds Rs. 10 lakhs then the service provider is liable to pay service tax.
3. Since your father is an individual he is required to pay service tax on a quarterly basis. The service tax has to be paid by 7th of the succeeding month. However, service tax for the quarter ending 31st march has to be paid by 31st March itself.
4. Your father has to file a half-yearly return by 25th of the month succeeding the half-year.
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