Payment of Service Tax

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..... yment through Cenvat Credit I. Interest on later payment of Service Tax J. Payment of Service Tax through agent ================= A. Due Dates - Rule 6(1) Rule 6(1) of Service Tax Rules, 1994 See chapter "Due Dates" ================= B. Due Date (Last day) is Holiday Service tax is liable to be deposited by the 5th (or 6th) of the month following the calendar month or quarter, as the case .....

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..... Electronic Payment Rule 6(2) of Service Tax Rules, 1994 Every assesse shall electronically pay the service tax payable by him, through internet banking. Assistant Commissioner or the Deputy Commissioner of Central Excise may after reasons to be recorded in writing, allow the assesse to deposit the service tax by any other mode. ================= D. Payment through Cheque Rule 6(2A) of Service .....

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..... ere to deposit Service Tax The assessee is required to deposit GAR-7 Challan for payment of the service tax only with the designated banks and branches thereof. The bank and branches thereof are designated by the board and respective commissioner. The assessee should ensure that service tax is paid only in the designated branch of the bank authorized to accept the payment of service tax. If the .....

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..... option to pay service tax by utilizing such accumulated balance in Cenvat Credit register as stood on the last day of relevant month or quarter as the case may be. W.e.f. 1st September, 2014, a service provider shall take credits on inputs & input services within a period of six months from the date of issue of invoice, bill or challan. Further w.e.f. 1st March, 2015, time limit for availing Cenva .....

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..... l pay simple interest as prescribed in notification issued by Central Government. Detailed provisions have been discussed in Chapter- Interest & Penalty. ================= J. Payment of Service Tax through agent As per definition under Section 65 (7) of Finance Act, 1994, assessee means a person liable to pay service tax and includes his agent. If the tax liability has been discharged by th .....

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