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Service Tax Registration

It is an indirect tax wherein the service provider collects the tax on services from service receiver and pays the same to Government of India. It is required for businesses providing services in India.

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Service Tax Registration

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  1. Service tax Registration. Taxes are the financial charges imposed upon a tax payer i.e. an individual or a legal entity, by a state or any other body as authorized by the state in order to fund various public expenditures. One of such taxes is service tax. In this video we shall talk about what is a service tax, what are the documents required for its registration and the process of the same.

  2. What is Service Tax? Whenever we use any services be it a phone bill payment or eating at restaurant, we have to pay a little more of the actual amount. That little more amount charged over the actual amount is usually the service tax. . It is a kind of tax that you pay to the government for enjoying different services received from various service providers. This tax is payable by the service provider to the government or any other authorized body. The current rate if service tax is 12.36% on the gross value of the service provided. For paying such a tax, it is required to first get the registration done for the same.

  3. Documents required for service tax registration are: Documents in respect of Proprietor/Partner/Director • PAN Card copy • Copy of Aadhaar Card/ Voter identity card • Passport size photograph • Authorization letter (In case of Partnership) • Authority from other directors on letter head (In case of company) • Copy of Partnership deed (In case of Partnership) • Board Resolution (In case of Company)

  4. Documents in respect of Entity • PAN Card copy of firm/company • Property papers copy (If owned property) • Rent agreement copy and Landlord NOC (If rented property) • Cancelled cheque of firm • Bank statement • Electricity/ water bill of business place

  5. When to pay Service Tax ? A Service tax is paid quarterly or monthly based on your business registration. Any person providing taxable service to any person shall pay service tax at the rate specified in sec 66 of the service tax act. • In case of individual/ proprietorship/LLP/ partnership - you have to pay the tax quarterly (4 times in a year). The due date being 5thday of the month immediately following the respective quarter. Although the quarter ending on 31st march. • If you belong to any other category of business registration like Pvt. Ltd. – you have to pay service tax on a monthly basis i.e. by 5 the of the following month.

  6. How to do Service Tax Registration using LegalRaasta? We at LegalRaasta have helped over thousand companies in Service Tax registration. To get your service tax done from us, you can • Go to our website www.legalraasta.com and select service tax registration. • Fill our online questionnaire. • Select a package. You can also opt for additional services like TDS return filing and sales tax registration and pay accordingly. • We will take care of the rest. Hope this was helpful. If you have any queries contact us at (+91) 875 000 8585.

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