Respected All,
Can u pls tell me the method of service tax payment:
Shud I Make a single payment challan or individually for each month for PVT LTD Co. So that there will not be any confusion in mentioning the challans in returns?
Kindly Suggest.
6 Replies
JSS
(Practice)
(58 Points)
Replied 05 September 2014
Dear Parv,
If your query is with regard to whether one time payment in lieu of monthly payment for different months is allowed or not, here is the reply:
Given that yours is a Private Limited Company, Service Tax needs to be paid monthly, by 6th of the following month, as per Rule 6 of Service Tax Rules.
Please revert if your query is different.
PARV
(TAX ASSISTANT.)
(202 Points)
Replied 05 September 2014
Respected,
1.I have to make payment for F.Y.12-13 With interest & will revise the returns.
2.if I make a payment through one challan, I think, I can c/f the 1st half excess payment to 2nd half. kindly confirm
As the due date for above payment is lapsed.
I m asking bcoz I want to avoid confusion in revised return filing.
JSS
(Practice)
(58 Points)
Replied 05 September 2014
Dear Parv,
The Service Tax to be payable needs to be calculated separately for each month. However for payment, if the service for which Service Tax is paid in Excess, is the same as the service for which this excess is to be utilized, then you can make payment through a single challan for that service for the net amount, considering interest if any, payable on shortage.
Please revert in case of any clarification.
PARV
(TAX ASSISTANT.)
(202 Points)
Replied 05 September 2014
Can u pls clarify with example taking whole year at a time.pls
JSS
(Practice)
(58 Points)
Replied 08 September 2014
Hi Parv,
Please provide your draft computation, so as to advise accordingly.
PARV
(TAX ASSISTANT.)
(202 Points)
Replied 08 September 2014
pls find the attachment I have another query relating to Service tax return.
How to show 1st 10 lakhs on which exemption is there in service tax return?
Attached File : 1202065 1362698 service tax 12 13.xls downloaded: 245 times
Recent Topics
- Nznxnc call me at the end of the day of the
- Cp chod doob zoom vo book book
- Nsje snswk fjw ed le ene djff ne enje ejdd rejje
- Hxjcif the day I have been in touch with me and
- Iska djd djrbdsjebshe sir ur rei ejr reinr the jr
- GST registration for medical shop in Karnataka
- Hsshs me know if you are free number of the
- Chu Kang and the situation of the situation and I
- How to reverse wrong transaction payment in phonep
- Paytm wrong transaction
Related Threads
CAclubindia
