What is Service Tax?

Service Tax is an Indirect tax levied by Government on services provided by a service provider who consequently recovers that service tax from customers (service recipient) and is also payable by the service provider to the Government of India. Service Tax is applicable on all services except services mentioned in the negative list. Subsequently, payment of service tax mandates the registration of tax on services by a service provider or businesses, when the value of taxable services provided by them exceeds 9 Lakhs rupees in a previous financial year. Service Tax return is submitted online.

Facts about Service Tax Return

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