Service Tax - Consultation ( Very Urgent)

atoz

Hello, Everyone
Please help me out to solve my query. I need to make service tax payment on behalf of my company. Which is a recruitment firm. We raise invoice to our clients for the placement services, and is inclusive of 10.3% service tax. My Queries are :
1) While paying Service Tax do we need to pay 10.3% of the professional fee which has been added in the invoice only?
2) Is there any change in service tax payment whuen TDS is deducted from the Total Invoice amount?
3) How to calculate the late fine if we make payment in Sept 09 ( since its due from last April 09)?
4) The date to be considered is the invoice date or the payment receipt date?

Seeking for your help. Please reply, its very urgent.

Regards,
Sangeeta

tavinoth

Hi sangeetha,

1. The service tax has to be deducted for the service charges levied as mentioned in invoice.
2. THere will be no change in service tax payment when TDS id deducted for total invoice amount.TDS will be deducted including the service Tax amount.
3.Not less than Rs.200 per day or two percent for one month, whichever is higher, to be paid for the delay in number of days till the date of payment.
4.Whichever is earlier either invoice date or the receipt of the amount as it is very clearly defined as " the gross amount charged for the taxable services shall include any amount received towards the taxable service before,during or after provision of such service.

CA Ajay Kumar

The service tax returns have to be presented six monthly basis and
the same has to be presented on or before 25th Day of next Month following the close of half year
hence first return has to be presented on or before 25th Oct and the second and last return has to
be presented on 25th April .
The penal provisions for delay in payment of tax and presentation of return are very harsh. The
dates of filing of service tax return in tabular form are as under:-
HALF YEAR ENDED ON DUE DATE OF FILING
1. 30th Sept. 25th Oct.
2. 31st. March 25th April

Duttesh

Hi..........

There is no change in service tax procedure.....

Whatever the amount u r charging in Invoice as Service Tax(10.30%)..... u have to pay that amount before 5th of every quarter e.g. for 1st quarter April to June u have to make payment on or before 5th of July.

atoz

Thank you very much for your valuable reply.

Regards,
Sangeeta