Service tax return Filing in India by Legalraasta

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YOUR ONLINE COMPANION FOR COMPANY, TAX AND LEGAL MATTERS. WWW.LEGALRAASTA.COM SERVICE TAX RETURN GUIDE - INDIA

Transcript of Service tax return Filing in India by Legalraasta

Your online companion for company, tax and legal matters.

WWW.LEGALRAASTA.COMSERVICE TAX RETURNGUIDE - INDIAHi, In this video the Legalraasta team will teach our all about the Service Tax Return in India its definition and features.

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MEANING OF SERVICE TAX RETURNWhat is a Service Tax ReturnService tax is that type of indirect tax which is levied on the services provided by a service provider in India. Service tax is an indirect tax that the service provider pays the tax and recovers the same from the service recipient of the taxable services.Service Tax Registration is compulsory for all service providers with a turnover of over Rs. 9 Lakh (as defined under the Act). Failure to apply would result in penalties of Rs. 5,000 or Rs. 200 a day, for every day, during which such failure continues, whichever is higher could be imposed as penalty.You need to file returns twice a year, regardless of whether your turnover exceeds Rs. 10 Lakh, if you have a Service Tax Registration. You still need to file your returns by October 25th (for April to September) and by April 25 (for October to March), even if you dont have any revenues. All your Service tax dues need to be cleared before this filing. Penalties would be levied if any failure to pay service tax or file service tax returns by the due date.

LegalRaasta can help you to file your ServiceTax returns online.

Now, what is the meaning of Service Tax.Service tax is that type of indirect tax which is levied on the services provided by a service provider in India. The service provider pays the tax and recovers the same from the service recipient of the taxable services.Service Tax Registration is compulsory for all service providers with a turnover of over Rs. 9 Lakh (as defined under the Act). Failure to apply would result in penalties of Rs. 5,000 or Rs. 200 a day, for every day, during which such failure continues, whichever is higher could be imposed as penalty.

FEATURES OF SERVICE TAX RETURNKey features of Service Tax ReturnService Tax return has multiple features.Small scale service providers are exempted from Service tax registration that provides service of less than Rs 10 Lakh in a year.Service tax registration is deemed to be guaranteed if registration of service tax is not issued within 7 days, after filling of form ST1 along with relevant documents.Service tax is not applicable for services exported from India.Service tax return is filed twice a year. Return is required to be filed by 25th Octoberand 25th April respectively for half-year ending 30th September and 31st march.

SERVICE TAX RETURN PACKAGESInclusionsBasicPremiumCalculation of TaxFilling of returnsAcknowledgement for 1 ServiceAcknowledgement for more than 1 Service

7991,500Package price (Rs.)

You can either file the documents at the ACES Department in your respective territory or use Legalraasta services for filing the Service Tax return.

With LegalRaasta you can file the Service Tax return by filling a simple online form available online at our website. The package for Service Tax Return starts at rupees 799.

About LegalRaasta and TeamAbout usWe are committed to helping you grow your business and add value through our expertise. We aim to deliver a hassle-free experience so that you can focus on your core business.

Our mission is to offer affordable, quick and automated professional services to clients. Through technology, we bring numerous government/ legal forms at one place and have simplified them to be fully understood by common man. Legalraasta.com is a one destination for your legal matters relating to:Forming any type of business entity (e.g., Pvt. Ltd Co, LLP etc)Filing individual and company returnHelping on company compliances such as ROC filings & minutesProtecting work through trademark & copyrightOur teamLegalRaasta.com has been founded by a team of Chartered Accountants and professional advisors. We currently have a network of 100+ professionals including experienced Chartered Accountants, Company Secretaries, Lawyers, Cost Accountants, Chartered Engineers and Bankers.Pulkit Jain, founder of Legalraasta, has over 5+years experience in CA and Legal domain. He has worked with the top CA firms in India and has served large corporate and MNCs

Legalraasta.com is Indias top destination for legal & company matters . We can help you in Forming any type of business entity (Example Private. Limited Company, LLP),filing individual and company return, Helping companies for their compliances such as ROC filings & minutes, protecting work through trademark & copyright.

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Why Choose UsCost effectiveBusinesses are always under intense time and cost pressures. With our great packages 40% savings are ensured compared to typical CA/ LawyerExpertiseBy teaming up with us , you will have an access to network of 100+ experts. You can gain the peace of mind in knowing that your accounting tasks are done properly by qualified, experienced and knowledgeable professionals in the field.Easy Online ProcessYou dont have to deal with the typical headaches involved with face to face meeting and visiting government offices. Our process is 100% online. Fill out simple forms and you are done!!Trusted We are a trustworthy partner which has been serving startups & companies for past several years. Our growth numbers stand as a testimony: 200+ clients100+ services30+ testimonials

Partner/ Affiliations

We are an e-filing intermediary and have been facilitating filing of hundreds of e-returns. We are also registered with e-mudhra for issue of Pan cards. There are multiple other associations with CA & legal firms. Our site has been secured by SSL to protect your personal & payment details

We are a trusted partner with multiple top level expertise and affiliation, and yet cost effective.

Contact UsCorporate officeB-186, Lok Vihar, Pitampura, Delhi 110034 IndiaOur team always endevour to serve you best. Feel free to reach out to us at:www.legalraasta.comMail: [email protected], M: +919999379929

So log on now at legalraasta.com to file your Service tax return or mail us at [email protected]