In continuation to our previous post service tax registration payment and return; we wish to give you some more information about service tax.  In this post you can read some regular questions and its answers.
Shall I pay service tax on billed amount or amounts actually received?
How are you paying service tax?   On billed amount or on receipt? Many are paying service tax on billed amount and unaware of the concept ‘tax payment on amount actual received’.   There is no problem paying service tax on billed amount. But this is not …

Invoice is a commercial document showing itemized products and services rendered and its agreed value. The buyer must pay seller as per term agreed. Let us discuss how to prepare a service invoice as per service tax rules.  Following are the guidelines to prepare a service invoice.

Bill should be serially numbered
Name address registration number of the service provider should be mentioned.
Service receivers name and address mentioned in the invoice.
Description of taxable services provided.
Value of the taxable services should be mentioned
Service tax payable on taxable services mentioned
Education cess and Higher secondary …

This post is aiming to give you some basic knowledge that required for registration, payment and return of service tax.
Service tax was implemented in India in the year 1994. It is the tax payable by the service provider; only except some cases service receiver should pay the tax under method reverse charge; we will discuss this topic later.
When a service provider is liable to pay tax?
If you are providing a taxable service and your last year turnover is less than 10 lakh, you need not pay service tax in current …

Service tax return has to be filed twice in a year that is April to September 1st half year must be filed  on or before 25 th October. October to March second half year must be filed on or before April 25th.Usually we were filling st3 manually and submitting the concerned department. But now service tax e-filing becoming mandatory for all part of the country.
For e-filing of service tax return, you need a user name password to login aces website. The expansion of ACES is Automation of central exercise and service tax.
How to …