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Rate of Service Tax and Registration

Rate of Service Tax and Registration

Rate of Service Tax

From 01.04.2012 onwards, Rate of service tax is 12% + 2% (of service tax) education Cess + 1% (of service tax) Secondary & Higher Education Cess (aggregating to 12.36%).


Every person who has provided a taxable service of value exceeding Rs. 9 lakhs, in the preceding financial year, is required to register with the Central Excise or Service Tax office having jurisdiction over the premises or office of such service provider. In case a recipient is liable to pay service tax he also has to obtain registration.

For registration, Form ST-1 (in duplicate) is required to be submitted before the jurisdictional Central Excise/Service Tax officer. To verify the correctness of declaration in the said form, certain documents such as copy of PAN card, proof of address of business premise(s), constitution of the business [proprietorship, firm, company, trust, institute etc.] etc. may be required by the registering authority. The copies may be self-certified by the applicant. In case of doubts in select cases, original documents may have to be presented for verification.

The Registration certificate is issued within a period of seven days from the date of submission of application ST-1 along with all relevant details/documents.

Penal provision for non-registration

Failure of registration may attract a penalty upto Rs.10000/- or Rs. 200/- for every day during which such failure continues, whichever is higher. However, such penalty may be waived in case the assessee proves that there was reasonable cause for such failure.

Payment of Service Tax

Form G.A.R.7 should be used to make service tax payments. Payment of service tax may be made at the specified branches of the designated banks. Service Tax can also be paid electronically, using e-payment facility.

E-payment is mandatory for assesses who have paid service tax of Rs.10 lakhs or more including the amount paid by utilization of CENVAT credit, in the preceding financial year. However, there is no bar for other assessees to pay their tax electronically.

Rate of Service Tax and Registration



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