Latest Expert Exchange Queries
sitemapHome | Registration | Job Portal for CA's | Expert Exchange | Currency Converter | Post Matrimonial Ads | Post Property Ads
 
 
News shortcuts: From the Courts | News Headlines | VAT (Value Added Tax) | Service Tax | Sales Tax | Placements & Empanelment | Various Acts & Rules | Latest Circulars | New Forms | Forex | Auditing | Direct Tax | Customs and Excise | ICAI | Corporate Law | Markets | Students | General | Indirect Tax | Mergers and Acquisitions | Continuing Prof. Edu. | Budget Extravaganza | Transfer Pricing
 
 
 
 
Popular Search: cpt :: TAX RATES - GOODS TAXABLE @ 4% :: list of goods taxed at 4% :: empanelment :: VAT Audit :: ACCOUNTING STANDARDS :: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes :: articles on VAT and GST in India :: Central Excise rule to resale the machines to a new company :: ACCOUNTING STANDARD :: TDS :: form 3cd :: ARTICLES ON INPUT TAX CREDIT IN VAT :: due date for vat payment :: VAT RATES
 
 
« Service Tax »
 GST pangs for 3 months only, people will adjust to new way of life soon
 GST, an old new tax
 Pay tax once on the input, deduct it from the output
 GST Network to begin accepting fresh registrations from June 25
 Indian GST is significantly unique, but is it better?
 GST example of national integration
 6 reasons you need not fear the GST regime
 Tax return filing extension on GST may not be enough
 GST: ‘Tech readiness, tax administration key challenges’
 GST return filing rules relaxed for Jul-Aug, July 1 rollout
 GST Council gives return filing breather to India Inc for 2 months

Electronic Tax Administration system for service tax
April, 02nd 2009

The Directorate has formulated a proposal for online web-based Electronic Tax Administration system for service tax. This system envisages the facility for online registration, payment of tax, filing of returns, assessment etc. for better tax administration and reducing the officer-assessee interface. M/s. CMC Ltd conducted a system feasibility study for implementation of this proposal. Their report indicates that such a system is not only feasible but could also be implemented at a relatively low cost. A detailed proposal is under preparation. It is anticipated that with the implementation of this system, service tax could be administered as the first e-tax in the country, which could work as a model for other tax administrations.

As decided by the Board, the programme for computerization of Service Tax administration is being worked out by the Directorate of Systems (South Zonal Branch) and Directorate of Service Tax.

Directorate of Systems has worked out the framework for computerization of service tax administration, with the help of NIC. They have introduced software programmes for Allotment of Service Tax Payer Code Number (SAPS) and Service Tax Revenue Monitoring System (STREMS) which are used for registration of assesses and filing of ST-3 returns.

Consequent to the above, the Central Board of Excise and Customs vide Circular No. ST 52/2003 dtd. 1.3.2003 ( in F.No. 137/9/2003-CX4 has allowed  E-filing of Service tax Returns-ST-3 from the month of April 2003.   Initially, this facility has been extended to only select class or group of service tax providers for services falling under following categories viz.

1. Telegraph Services (TGH)

2. Telephone Services (TSU)

3. Life Insurance Services (LIS)

4. Insurance Auxiliary Services (IAX)

5. General Insurance Business (GIB)

6. Stock Brokers (STB)

7. Advertising Agencies (ADV)

8. Courier Services (COU)

9. Banking & Financial (BFN)

10. Custom House Agent (CHA)

The Central Board of Excise & Customs vide Circular No. 71/01/2004-Central Excise (ST), dated 20.01.2004, has extended this facility of E-filing to all the categories of Services

 
 
Home | About Us | Terms and Conditions | Contact Us
Copyright 2017 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Content Management System developers CMS developers Content Management Solutions CMS Solutions CMS India Content Management System India CMS development India Website CMS Website Content Management India Portal CMS India CMS Outsourcing CMS Vendor Complete CMS Custom CMS Services

Transfer Pricing | International Taxation | Business Consulting | Corporate Compliance and Consulting | Assurance and Risk Advisory | Indirect Taxes | Direct Taxes | Transaction Advisory | Regular Compliance and Reporting | Tax Assessments | International Taxation Advisory | Capital Structuring | Withholding tax advisory | Expatriate Tax Reporting | Litigation | Badges | Club Badges | Seals | Military Insignias | Emblems | Family Crest | Software Development India | Software Development Company | SEO Company | Web Application Development | MLM Software | MLM Solutions