Due Dates for Service Tax Payment & Return Filing| Service Tax Return Filing Due Date

Due-Dates-for-Service-Tax-Payment-&-Return-Filing
 Service Tax Return Filing Due Date

Hello guys here you going to see about Due Dates for Service Tax Payment & Return Filing.service tax payment due date for private limited company service tax payment due date 2016-17 service tax payment due date 2017-18 service tax return due date interest on late payment of service tax penalty for late filing of service tax return


 Due Dates for Service Tax Payment & Return Filing:Due dates for service tax payments vary according to the entity's business structure. Individuals, owners and partnerships must make payment on a quarterly basis, while limited liability companies, sole proprietorships and limited liability companies must make a monthly payment. The tax rate for services is currently 15% and all payments collected can be filed online or physically. Keep in mind, however, that due dates for physical payments fall one day before the due date for online payments.

Due date for payment of service tax for individuals, individual owners and partnerships


Individuals, sole proprietors and partnerships are required to make tax payments on services once per quarter, regardless of the total tax payment. However, if total payments exceed Rs. 1 lakh per year, payment must be made online.

Online Dates: The deadline for the first quarter (April to June) is July 6th. From July to September, it is October 6, October to December, January 6 and January to March, March 31.

Any other chain: The first quarter (April to June) due date is July 5, July to September, October 5, October to December, January 5 and January to March, 31 March.


Due date for payment of the service fee for companies and LLPs


Limited liability companies, single-member companies and limited liability companies are required to make service fee payments once a month. If total payments exceed Rs. 1 lakh per year, payment must be made online.

Online Dates: The due date is the 6th of the month, when payment is due for the previous month. For example, before May 6, the payment of the service fee must be made for the entire month of April. The exception is March, the deadline being March 31. This means that the declarations of service for the month of March are due on the last day of the same month.

Any other channel: The due date is the 5th of the month, when payment must be made for the previous month. For example, before May 5, the payment of the service fee must be made for the entire month of April. The exception is March, the deadline being March 31. This means that the declarations of service for the month of March are due on the last day of the same month.

Also Read:
Penalty for late payment of service tax and return for the FY 2016-2017

How to Make a Service Tax Payment


Online Payment: To make payment online, which is called electronic payment, you must have a net bank account with one of the banks listed here. Note that some private banks are only available in certain divisions. If you are already doing so, just log in to this NSDL page and enter your 15-digit service tax number. Enter the captcha code and verify your personal data, which will appear on the screen.

Now check the Service Tax Accounting field. You must now select your industry (air travel agency, advertising agency, etc.). Then enter the Krishi Kalyan Cess field in the second table.

Once completed, find your bank and make the payment. You will receive an acknowledgment of receipt indicating the Challan ID. This is proof, to be shown at the time of filing your statements.

Physical Payment for service tax payemnt
Payment must be made at a branch via the GAR-7 challan, which you can download here. On the payment, the cashier will affix the challan identification number, which contains the serial number of the challan, the BSR code of the bank and the date of the deposit. All three must be stamped to be valid during the filing of the return.

Service Tax Return Filing Due Date -Declarations of service


The filing deadline for the first half of the year is October 25 and April 25 for the second half of the year.

ST-3 Returns: Generally, an assessable service tax must produce two types of declarations: ST-3 Returns and ST-3A Returns. ST-3 Returns apply to a registered valuation. The ST-3A returns apply to persons who perform an interim assessment under Rule 6 (4) of the 1994 Service Tax Rules. You must file ST-3 returns twice during a fiscal year on a Half-yearly basis.

If you wish to file your online tax return, you must first register with ACES (Central Automation Central Excise and Service Tax) by visiting the Central Board of Excise and Custom website.

Once you have registered, the site will send you a user ID and password using the Central Excise and Custom Office website to access the FORM ST-1. Then complete the online form by putting all the required information and make an electronic payment using your chosen bank. You can also review your service tax returns to correct an error or omit something. If you do not file your returns within 15 days, from the prescribed due date of the returns, you must pay a penalty of Rs. 500.
Previous
Next Post »