what is the procedure to register an individual for service tax whose professional income exceeds 15 lakhs p.a??
also i want to know what is the procedure to register a pvt ltd. company for service tax...
thanx:)
Imran Hingora (Learner) (248 Points)
22 September 2012what is the procedure to register an individual for service tax whose professional income exceeds 15 lakhs p.a??
also i want to know what is the procedure to register a pvt ltd. company for service tax...
thanx:)
deepali agarwal
(Company Secretary)
(1289 Points)
Replied 22 September 2012
Register and Log on to aces.gov.in..and to register file ST-1..
deepali agarwal
(Company Secretary)
(1289 Points)
Replied 22 September 2012
After submitting ST-1 online the print out of the same copy is required to be taken out and submitted manually...submit the hard copy of the following documents in case of the company:
vishnu
(job)
(75 Points)
Replied 22 September 2012
Imran Hingora
(Learner)
(248 Points)
Replied 24 September 2012
thanks alot deepali and vishnu... bt may i also know what are the documents required to be submitted for an individual??
deepali agarwal
(Company Secretary)
(1289 Points)
Replied 24 September 2012
Records Required To Be Maintained
The assessee is not required to maintain separate records for the purpose of service tax. However, the assessee is advised to maintain the following documents: A bill file, containing the bills in serial, issued to the clients in respect of taxable service rendered; Receipt, issued to the client in respect of payment received; A service tax register containing the details of the bills issued, payments received and service tax deposited; Proper records for all the credit notes issued to the clients; A list of all accounts, maintained in relation to service tax including memoranda received from branch offices, only at time of filing of return for the first time, is to be furnished to the Superintendent of Central Excise.
Nirav Worah
(CHARTERED ACCOUNTANT)
(396 Points)
Replied 21 December 2012