Service Tax Registration India

Service Tax Registration India – Service Tax is an Indirect Tax to be collected by the service providers on services notified by the Government. The Service Tax provisions were first notified under Finance Act 2005. However certain exemptions have been provided to small scale businesses, whose turnover does not exceed Rs 9 lakhs in a financial year.

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. Service provider has to file form ST-1 for Registration purposes along with necessary documents like PAN, address proof, etc along with prescribed fees.

In case of different nature of services rendered, the service provider has to apply for separate registration. And in case of services rendered through different premises, centralized registration can be applied for. Failure to register attracts penalty of Rs 5,000 or Rs 200 per day during the period, such failure continues, whichever is higher.