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Service Tax Registration

Service Tax registration is a function of gross turnover.As  per the Rules framed by the Indian Govt., every Service Provider has to mandatorily apply for Service Tax Registration if the Value of Services expected to be rendered by him in a financial year is more than Rs. 9 Lakhs. and compulsorily required to charge service tax on services provided once the turnover crosses Rs 10 lacs, however, if the Value of Services rendered in a financial year is less than Rs. 9 Lakh p.a. – the Service Tax Registration is optional at the option of the Service Tax Payer.

Service Tax Registration

The present rate is 12.36 %, which is leviable on all services except those captured in Negative List(the list comprising of 17 specific services which are exempt from service tax). 
Service Tax is charged at the time of rendering services, in normal circumstances. However, there may be a situation where service tax is charged before rendering services or after completion of service. The important thing to note here is the timing of chargeability and the rate of chargeability. Chargeability arises when services are rendered, while the rate is determined at the time of payment by service receiver. Suppose when services are rendered, the rate is 10.3% on such services. However, when the receiver makes payment, the rate is 12.36%. So, the applicable rate is 12.36%. On a different note, suppose when services are rendered, the service was under exempt category. However, when the receiver makes payment, the rate is 12.36%. In that case, the applicable rate is Nil, since chargeability did not arise at the time of rendering services, the services being exempt at that time.

While filing ST-1 form you must have pan number allotted by the Income Tax Department, name and address of the assessee and address proof of the premises being registered, name and Address of Assessee along with address proof, name and residential address of proprietor/partners/directors etc. in the assessee firm/Company alongwith address proof.

“In case of partnership firm, copy of partnership deed, copy of power of attorney authorizing any of the partners/employees of the firm to sign deal and comply with the matters relating to Service Tax.

In case of companies, copy of articles of association/memorandum of association along with a copy of resolution passed by the Board of Directors, authorities of the Directors or employees of the company to sign, deal and comply with the matters relating to Service Tax.

Professionals who are members of professional institutes and have been granted certificate of practice, a copy of such certificate may also be provided.

In case of stock broker service, the following additional information is required:-

Name of the member (with code number), name of stock exchange for which registered, date of admission of partnership, name of other stock exchange (with code number), if member of more than one stock exchange and SEBI registration number.

In case of Customs House Agent, following additional information is required:-

Name of the signatory/signatories authorised to sign on behalf of the CHA and CHA license number and period of its validity.

Service Tax Registration Requirements

Service Tax Registration in India requires various documents from various different class of entities depending on the constitution of the entity i.e. if its Proprietorship, Partnership or a company. Provided below is the list of documents required for various kinds of organisations.

Proprietorship
Address Proof of Proprietor
• Address Proof of Proprietorship Concern
• If Own Premises
   • Electricity Bill Copy / House Tax Receipt
• If Rented Premises
  • Rent Agreement
  • NOC from Landlord
  • Proof of Ownership of Property of Landlord
• PAN Card of Proprietor

Partnership

• Copy of Partnership Deed
• PAN Card of Partnership
• PAN Card of Partners
• Address Proof of Partners
• If Own Premises
• Electricity Bill Copy / House Tax Receipt
• If Rented Premises
• Rent Agreement
• NOC from Landlord
• Proof of Ownership of Property of Landlord

Company

• Memorandum & Articles of Association
• Board Resolution
• PAN Card of Company
• PAN Card of Directors
• Address Proof of Directors
• If Own Premises
  • Electricity Bill Copy / House Tax Receipt
• If Rented Premises
• Rent Agreement
• NOC from Landlord
• Proof of Ownership of Property of Landlord

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