SERVICE TAX
Service tax is a tax levied by Central Government i.e. Government of
India on certain service transactions provided or to be provided excluding
services covered under negative list and considering the Place of Provision of
Services Rules, 2012 and collected as per Point of Taxation Rules, 2011 from
the person liable to pay service tax. It is an indirect tax as it can be
recovered from the service receiver by the service provider in course of his
business transactions.
Person liable to pay service
tax is governed by Service Tax Rules, 1994 he may be service provider or
service receiver or any other person made so liable.
Few services are presently
exempt in public interest via Mega Exemption Notification 25/2012-ST as amended
up to date & few services are charged service tax at abated rate as per
Notification No. 26/2012-ST as amended up to date.
Registration
1.
A person liable to pay
service tax should file an application for registration within thirty days from
the date on which the service tax on particular taxable service comes into
effect or within thirty days from the commencement of his activity.
2.
Every service provider of a
taxable service is required to take registration by filing the Form ST-1 in
duplicate with the Jurisdictional Central Excise Office.
3.
A ‘registered' service
provider is referred to as an ‘assessee'.
4.
A single registration is
sufficient even when an assessee is providing more than one taxable services.
However, he has to mention all the services being provided by him in the
application for registration and the field office shall make suitable
entries/endorsements in the registration certificate.
5.
A fresh registration is
required to be obtained in case of transfer of business to another person.
6.
Any registered assessee
when ceases to provide the taxable service shall surrender the
registration certificate immediately.
7.
In case a registered
assessee starts providing any new service from the same premises, he need not
apply for a fresh registration. He can simply fill in the Form S.T.1 for
necessary amendments he desires to make in his existing information. The new
form may be submitted to the jurisdictional Superintendent for necessary
endorsement of the new service category in his Registration certificate.
Presently from 1 June 2015,
service tax rate has been increased to consolidated rate @ 14% of value of
services provided or to be provided. The service tax rate now is consolidated
rate as education cess & secondary higher education cess are subsumed with
2% of "Swachh Bharat Cess(0.50%)" has been notified by the
Government.
Service tax is charged to
the individual service providers on cash basis, and to the companies on accrual
basis. This tax is payable only when the
value of services provided in a financial year is more than Rs. 10 Lakh. This Service Tax is not applicable in the
State of of Jammu and Kashmir.
SERVICE TAX RATES FROM
1.7.1994
PERIOD
|
RATE
OF SERVICE TAX
|
01-07-1994 TO 13-05-2003
|
5%
|
14-05-2003 TO 09-09-2004
|
8%
|
10-09-2004 TO 17-04-2006
|
10.20% (ST+EC)
|
18-04-2006 TO 10-05-2007
|
12.24% (ST+EC)
|
11-05-2007 TO 23-02-2009
|
12.36%
(ST+EC+SHEC)
|
24-02-2009 TO 31-03-2012
|
10.30%
(ST+EC+SHEC)
|
01-04-2012 TO 31-05-2015
|
12.36%
(ST+EC+SHEC)
|
01-06-2015 ONWARDS
|
14% (ST)
|
SERVICE TAX RATES OF INTEREST
PERIOD
|
RATE
OF SERVICE TAX INTEREST
|
01-07-1994 TO 15-07-2001
|
1.5% p.m.and
part thereof
|
16-07-2001 TO 15-08-2002
|
24% per annum
|
16-08-2002 TO 09-09-2004
|
15% per annum
|
10-09-2004 TO 31-03-2011
|
13% per annum
|
01-04-2011 TO 30-09-2014
|
18% per annum
15% per annum
for assesses having turnover upto Rs. 60 Lakhs
|
01-10-2014 onwards
(3% concession in interest rate for the assesses
having turnover upto Rs. 60 Lakhs)
|
18% per annum -
Delay for first 6 months
24% per annum -
Delay from 7th month to 12 months
30% per annum -
Delay for the period beyond 1 year
|
Interest
on Delayed Refunds of Service Tax
If delay in
refund of service tax is for more than 3 months from the date of receipt of
refund application, Interest is paid by the Government at the rate not below
five per cent and not exceeding thirty per cent per annum. (Please Refer :
Section 11BB of Central Excise Act, 1944)
At Present Simple
interest @ 6% p.a. is granted on delayed refunds.
SERVICE TAX APPLICABLE
SERVICES
The following services will attract service tax and
the service tax collected or payable will become under the following Heads.
Accounting Head
Directory for Service Tax
Sr. No.
|
Name of
Service
|
Tax collection
|
Other Receipts*
|
Deduct refunds**
|
Penalties
|
1.
|
Tax on Telephone Billing
|
00440003
|
00440119
|
00440122
|
00441296
|
2.
|
Tax on General Insurance Premium
|
00440005
|
00440006
|
00440120
|
00441297
|
3.
|
Tax on Stock Brokerage Commission
|
00440008
|
00440009
|
00440121
|
00441298
|
4.
|
Advertising Services
|
00440013
|
00440016
|
00440017
|
00441299
|
5.
|
Courier Services
|
00440014
|
00440018
|
00440019
|
00441300
|
6.
|
Radio Paging Services
|
00440015
|
00440020
|
00440021
|
00441301
|
7.
|
Custom House Agent Services
|
00440026
|
00440027
|
00440028
|
00441302
|
8.
|
Steamer Agent Services
|
00440029
|
00440030
|
00440031
|
00441303
|
9.
|
Air Travel Agent Services
|
00440032
|
00440033
|
00440034
|
00441304
|
10.
|
Mandap Keeper Services
|
00440035
|
00440036
|
00440037
|
00441305
|
11.
|
Clearing and Forwarding Agent Services
|
00440045
|
00440046
|
00440047
|
00441306
|
12.
|
Rent a Cab Scheme Operator Services
|
00440048
|
00440049
|
00440050
|
00441307
|
13.
|
Consulting Engineer Services
|
00440057
|
00440058
|
00440059
|
00441310
|
14.
|
Man Power Recruitment Services
|
00440060
|
00440061
|
00440062
|
00441311
|
15.
|
Tour Operator Services
|
00440063
|
00440064
|
00440065
|
00441312
|
16.
|
Goods Transport Operator Services
|
00440067
|
00440068
|
00440069
|
00441313
|
17.
|
Architect Services
|
00440072
|
00440073
|
00440074
|
00441314
|
18.
|
Interior Decoration/Designers Services
|
00440076
|
00440077
|
00440078
|
00441315
|
19.
|
Mechanized Slaughter House Services
|
00440080
|
00440081
|
00440082
|
00441316
|
20.
|
Under Writer Services
|
00440084
|
00440085
|
00440086
|
00441317
|
21.
|
Credit Rating Agency Services
|
00440088
|
00440089
|
00440090
|
00441318
|
22.
|
Chartered Accountant Services
|
00440092
|
00440093
|
00440094
|
00441319
|
23.
|
Cost Accountant Services
|
00440096
|
00440097
|
00440098
|
00441320
|
24.
|
Company Secretary Services
|
00440100
|
00440101
|
00440102
|
00441321
|
25.
|
Real Estate Agent/Consultant Service
|
00440104
|
00440105
|
00440106
|
00441322
|
26.
|
Security/Detective Agency Services
|
00440108
|
00440109
|
00440110
|
00441323
|
27.
|
Market Research Agency Services
|
00440112
|
00440113
|
00440114
|
00441324
|
28.
|
Management Consultant Services
|
00440116
|
00440117
|
00440118
|
00441325
|
29.
|
Scientific and Technical Consultancy Service
|
00440125
|
00440126
|
00440127
|
00441326
|
30.
|
Photography service
|
00440129
|
00440130
|
00440131
|
00441327
|
31.
|
Convention service
|
00440133
|
00440134
|
00440135
|
00441328
|
32.
|
Leased circuits service
|
00440137
|
00440138
|
00440139
|
00441329
|
33.
|
Telegraph service
|
00440141
|
00440142
|
00440143
|
00441330
|
34.
|
Telex service
|
00440145
|
00440146
|
00440147
|
00441331
|
35.
|
Facsimile service
|
00440149
|
00440150
|
00440151
|
00441332
|
36.
|
On-line information and database access and/or
retrieval service
|
00440153
|
00440154
|
00440155
|
00441333
|
37.
|
Video tape production service
|
00440157
|
00440158
|
00440159
|
00441334
|
38.
|
Sound recording service
|
00440161
|
00440162
|
00440163
|
00441335
|
39.
|
Broadcasting service
|
00440165
|
00440166
|
00440167
|
00441336
|
40.
|
Insurance auxiliary services
|
00440169
|
00440170
|
00440171
|
00441338
|
41.
|
Banking and other financial services
|
00440173
|
00440174
|
00440175
|
00441339
|
42.
|
Port services
|
00440177
|
00440178
|
00440179
|
00441341
|
43.
|
Service or repair provided by authorized service
station for motorcar and two wheeled motor vehicle.
|
00440181
|
00440182
|
00440183
|
00441343
|
44.
|
Life Insurance Service including insurance
auxiliary services relating to Life Insurance.
|
00440185
|
00440186
|
00440187
|
00441346
|
45.
|
Cargo Handling Services
|
00440189
|
00440190
|
00440191
|
00441348
|
46.
|
Storage and Warehouse Services
|
00440193
|
00440194
|
00440195
|
00441350
|
47.
|
Event Management Services
|
00440197
|
00440198
|
00440199
|
00441353
|
48.
|
Rail Travel Agent services
|
00440201
|
00440202
|
00440203
|
00441356
|
49.
|
Health Club and Fitness Centers Services
|
00440205
|
00440206
|
00440207
|
00441358
|
50.
|
Beauty Parlours Services
|
00440209
|
00440210
|
00440211
|
00441361
|
51.
|
Fashion Designing
Services
|
00440213
|
00440214
|
00440215
|
00441363
|
52.
|
Cable Operators services
|
00440217
|
00440218
|
00440219
|
00441366
|
53.
|
Dry cleaning Services.
|
00440221
|
00440222
|
00440223
|
00441369
|
54.
|
Business auxiliary services
|
00440225
|
00440226
|
00440227
|
00441371
|
55.
|
Commercial training and coaching center
|
00440229
|
00440230
|
00440231
|
00441374
|
56.
|
Commissioning and installation
Service
|
00440233
|
00440234
|
00440235
|
00441376
|
57.
|
Franchise service
|
00440237
|
00440238
|
00440239
|
00441384
|
58.
|
Internet cafe
|
00440241
|
00440242
|
00440243
|
00441386
|
59.
|
Maintenance
and repair service
|
00440245
|
00440246
|
00440247
|
00441388
|
60.
|
Technical
testing & analysis: technical inspection and certification Service
|
00440249
|
00440250
|
00440251
|
00441389
|
61.
|
Business
Exhibition Services
|
00440254
|
00440255
|
00440256
|
00441390
|
62.
|
Airport
Services
|
00440258
|
00440259
|
00440260
|
00441391
|
63.
|
Transport of goods by air
|
00440266
|
00440267
|
00440268
|
00441393
|
64.
|
Survey and exploration of mineral
|
00440270
|
00440271
|
00440272
|
00441394
|
65.
|
Opinion poll services
|
00440274
|
00440275
|
00440276
|
00441395
|
66.
|
Intellectual
property services other than copyright
|
00440278
|
00440279
|
00440280
|
00441396
|
67.
|
Forward
contract services
|
00440282
|
00440283
|
00440284
|
00441397
|
68.
|
Outdoor Caterers Services
|
00440051
|
00440052
|
00440053
|
00441308
|
69.
|
Pandal or Shamiana Contractors Services
|
00440054
|
00440055
|
00440056
|
00441309
|
70.
|
TV or Radio
programme production
|
00440286
|
00440287
|
00440288
|
00441398
|
71.
|
Construction
services in respect of commercial or industrial buildings and civil
structures
|
00440290
|
00440291
|
00440292
|
00441399
|
72.
|
Travel agents (other than air/rail travel agents)
|
00440294
|
00440295
|
00440296
|
00441400
|
73.
|
Transport of
goods by Road
|
00440262
|
00440263
|
00440264
|
00441392
|
74.
|
Transport of goods through pipeline or other
conduit
|
00440302
|
00440303
|
00440304
|
00441430
|
75.
|
Site formation and clearance, excavation and
earth moving and demolition services, other than those provided to
agriculture, irrigation and watershed development
|
00440306
|
00440307
|
00440308
|
00441431
|
76.
|
Dredging service of river, port, harbour,
backwater or estuary
|
00440310
|
00440311
|
00440312
|
00441432
|
77.
|
Survey and map making other than those by
Government departments
|
00440314
|
00440315
|
00440316
|
00441433
|
78.
|
Cleaning services other than in relation to
agriculture, horticulture, animal husbandry or dairying
|
00440318
|
00440319
|
00440320
|
00441434
|
79.
|
Membership of club or association with specified
exclusions
|
00440322
|
00440323
|
00440324
|
00441435
|
80.
|
Packaging services
|
00440326
|
00440327
|
00440328
|
00441436
|
81.
|
Mailing list compilation and mailing
|
00440330
|
00440331
|
00440332
|
00441437
|
82.
|
Construction of residential complexes having more
than twelve residential houses or apartments together with common areas and
other appurtenances
|
00440334
|
00440335
|
00440336
|
00441438
|
83.
|
Service provided by a Registrar to an issue
|
00440338
|
00440339
|
00440340
|
00441439
|
84.
|
Service provided by a Share Transfer Agent
|
00440342
|
00440343
|
00440344
|
00441440
|
85.
|
Automated Teller Machine operations, Maintenance
or management
|
00440346
|
00440347
|
00440348
|
00441441
|
86.
|
Service provided by a recovery agent
|
00440350
|
00440351
|
00440352
|
00441442
|
87.
|
00440354
|
00440355
|
00440356
|
00441443
|
|
88.
|
Sponsorship services provided to any body
corporate or firm, other than sponsorship of sports events.
|
00440358
|
00440359
|
00440360
|
00441444
|
89.
|
Transport of passengers embarking on
international journey by air, other than economy class passengers
|
00440362
|
00440363
|
00440364
|
00441445
|
90.
|
Transport of goods in containers by rail by any
person, other than Government railway.
|
00440390
|
00440391
|
00440392
|
00441446
|
91.
|
Business support services
|
00440366
|
00440367
|
00440368
|
00441447
|
92.
|
Auctioneers service, other than auction of
property under directions or orders of a count of law or auction by the
Central Government.
|
00440370
|
00440371
|
00440372
|
00441448
|
93.
|
Public relations service
|
00440374
|
00440375
|
00440376
|
00441449
|
94.
|
Ship Management services
|
00440378
|
00440379
|
00440380
|
00441450
|
95.
|
Internet Telephony service
|
00440382
|
00440383
|
00440384
|
00441451
|
96.
|
Transport of persons by cruise ship
|
00440386
|
00440387
|
00440388
|
00441452
|
97.
|
Credit Card, debit card change card or other
payment card related services
|
00440394
|
00440395
|
00440396
|
00441453
|
98.
|
Services provided by a
telegraph authority in relation to telecommunication services.
|
00440398
|
00440399
|
00440400
|
00441454
|
99.
|
Services provided in
relation to mining of mineral, oil or gas.
|
00440402
|
00440403
|
00440404
|
00441455
|
100.
|
Services provided in
relation to renting of immovable property for use in course or furtherance of
business or commerce.
|
00440406
|
00440407
|
00440408
|
00441456
|
101.
|
Services provided in
relation to execution of a works contract.
|
00440410
|
00440411
|
00440412
|
00441457
|
102.
|
Services provided in
relation to development and supply of content for use in telecom services,
advertising agency services and on-line information and database assess or
retrieval services.
|
00440414
|
00440415
|
00440416
|
00441458
|
103.
|
Services provided by any
person, except a banking company or a financial institution including a
non-banking financial company or any other body corporate or commercial
concern, in relation to asset management including portfolio management and
all forms of fund management.
.
|
00440418
|
00440419
|
00440420
|
00441459
|
104.
|
Service provided in
relation to design services
|
00440422
|
00440423
|
00440424
|
00441460
|
105.
|
Services provided by any person in relation to
information technology software for use in the course, or furtherance, of
business or commerce.
|
00440452
|
00440450
|
00440451
|
00441461
|
106.
|
Services provided by an insurer on life insurance
business, in relation to management of investment, under unit linked
insurance business, commonly known as Unit Linked Insurance Plan (ULIP)
scheme.
|
00440430
|
00440431
|
00440432
|
00441462
|
107.
|
Services provided by a recognized stock exchange
in relation to assisting, regulating or controlling the business of buying,
selling or dealing in securities and includes services provided in relation
to trading, processing, clearing and settlement of transactions in
securities.
|
00440434
|
00440435
|
00440436
|
00441463
|
108.
|
Services provided by a recognized/registered
association in relation to assisting, regulating or controlling the business
of the sale or purchase of any goods or onward contracts and includes
services provided in relation to trading,processing,clearimg and settlement of transactions in goods or
forward contracts.
|
00440438
|
00440439
|
00440440
|
00441464
|
109.
|
Services provided by a processing and clearing
house in relation to processing, clearing and settlement of transactions in
securities, goods or forward contracts including any other matter incidental
to, or connected with, such securities, goods and forward contracts.
|
00440442
|
00440443
|
00440446
|
00441465
|
110.
|
Services provided by any person in relation to
supply of tangible goods including machinery, equipment and appliances for
use, without transferring right of procession and effective control of such
machinery, equipment and appliances.
|
00440445
|
00440447
|
00440448
|
00441466
|
111.
|
Cosmetic Surgery or Plastic Surgery Service
|
00440460
|
00440463
|
00440466
|
00441467
|
112.
|
Transport of Coastal Goods, Goods through
National Waterway or Goods through Inland Water
|
00440470
|
00440473
|
00440476
|
00441468
|
113.
|
Legal Consultancy Service
|
00440480
|
00440483
|
00440486
|
00441469
|
114.
|
Services of promoting, marketing or organizing of
games of chance, including lottery, Bingo or Lotto
|
00440595
|
00440596
|
00440597
|
00441470
|
115.
|
Health services like (a) health check up
undertaken by hospitals or medical establishments for employees of business
entities and (b) health services provided under health insurance schemes
offered by insurance companies
|
00440598
|
00440599
|
00440600
|
00441471
|
116.
|
Services provided maintenance of medical records
of employees business entity
|
00440601
|
00440602
|
00440603
|
00441472
|
117.
|
Services of promoting a ‘brand’ of goods,
services, events, business entity etc
|
00440604
|
00440605
|
00440606
|
00441473
|
118.
|
Services of permitting commercial use or
exploitation of any event organized by a person or organization
|
00440607
|
00440608
|
00440609
|
00441474
|
119.
|
Services provided by Electricity Exchange
|
00440610
|
00440611
|
00440612
|
00441475
|
120.
|
Services related to (a) Transferring Temporarily,
or (b) permitting the use or enjoyment of any copyright defined in the
Copyright Act, 1957 and services related to two types of copyrights not
covered under Intellectual Property Right (IPR), namely those on (a)
cinematographic films and (b) sound recording
|
00440613
|
00440614
|
00440615
|
00441476
|
121.
|
Special services provided by a builder etc, to
the prospective buyers such as providing preferential location or external or
internal development of complexes on extra charges
|
00440616
|
00440617
|
00440618
|
00441477
|
122.
|
Services of Air-conditioned restaurants having
license to serve alcoholic beverages in relation to service of food or
beverages.
|
00441067
|
00441068
|
00441069
|
00441478
|
123.
|
Services of
providing of accommodation in hotels/inns/cubs/ guest houses/campsite for a
continuous period of less than three months.
|
00441070
|
00441071
|
00441072
|
00441479
|
Education Cess
Sr. No.
|
Description
|
Tax collection
|
Other Receipts*
|
Deduct refunds**
|
Penalties
|
1
|
Primary Education Cess
|
0044298
|
00440299
|
00440300
|
00441486
|
2
|
Secondary & Higher Education Cess
|
00440426
|
00440427
|
00440428
|
00441487
|
All Taxable Services
Sr. No.
|
Description
|
Tax collection
|
Other Receipts*
|
Deduct refunds**
|
Penalties
|
1
|
All Taxable Services (registrations obtained
under this description should be amended online by selecting appropriate
description (s) from the list of 120 description given in this Annexure)
|
00441089
|
00441090
|
00441094
|
00441093
|
Notes:-
(i) *The sub-head "Other Receipts" is meant
for interest etc leviable on delayed payment of
Service Tax.
(ii) **The sub-head "Deduct Refunds" is not to
be used by The Assesses, it is meant for the
Excise Deptt. while allowing
refund of Tax.
(iii) Services mentioned at Sr. No. 1, 6, and 32 to 35
have been merged into a single service
mentioned at Sr. No. 98. However, the
same may be retained in the directory for future reference.
(iv) “Goods Transport Operator Services” mentioned at Sr.
No. 16 is no longer a taxable
service. However, the same may be retained in the
directory for future reference.
(v) “Mechanised Slaughter House” mentioned at Sr. No.
19 is no longer a taxable service.
However, the same may be retained in the directory
for future reference.