Tuesday 1 April 2014

Service Tax Registration India

Service tax is the amount collected from the side of service providers in respect of providing services to the customers. As with due time the rate of service tax is usually varied as affirmed by service tax department under finance act. As from 15th July, 1994 till 13th May, 2003 the rate of service tax was fixed to eight percent. From 14th May, 2003 to 9th September, 2004 the rate was increased by 2 % came to 10 %. After it from 10th September, 2004 the rate of service tax raised to 12 % as per Finance Act, 2006. As from 2007 the policy and rate of services tax as again revised and set to new percentage. Similarly, the rate of service tax keeps on changing from time to time.
Service provider is a person who is responsible for repayment of service tax to the government. The amount of service tax is being charged by them from the customer in favor of providing the particular services. If the service provider is Non-Indian resident or who provide services from outside country in that case the amount is being charged by the service receiver.
Hence, fromlawful and legitimate business point of view we can say all those service providers who offer taxable services require to register with the Central Excise department otherwise the respective business will get penalized. Thus; it is essential to have service tax registration. Under the service tax registration procedure there are various steps that need to follow for applying the same.

Documents needed for Service Tax Registration India

The service tax registration process is not as simple where one needs a set of specified proofs and legal forums in order to submit with concerned authority. Below is the list of service tax registration documents necessary for applying the service tax reg. number in order to contribute with worthy.
1.    Pan card is the first and initial requirement for service tax registration documents. If you do not have, then file an application for the same before applying for service tax registration in India.
2.    Proof of corporate address through the way of bank statement, telephone land line bill, rent agreement, light bill, VAT/CST registration certificate that should not be less than 3 months.
3.    In case you have a partner then there is a requirement of partnership agreement under Registered Deed of Partnership.
4.    Board of Director Resolution, MOA / AOA and Certificate of Incorporation are required for service tax registration.
5.    Signatory that can easy proof the identity of proprietor, director, Authorized Signatory or Partner by the way of Voter id, bank passbook, driving license or passport.
Therefore, if you are looking for the legal firm that can assist you while applying for service tax registration procedure then just call us at 011-2334333or mail at info@caindelhiindia.comwhere the team of legal experts will provide guidance with the best.

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