Due Date for Fee of Service Tax & Int. on Late Fee

As per the Service Tax Guidelines framed by the Govt. of India, Fee of Service Tax must be made at common intervals. The Service Tax collected by the Service Supplier shall be paid to the credit score of the Central Govt. frequently earlier than the Due date for Fee of Service Tax and in case of Late Fee of Service Tax – Curiosity shall even be payable on the Late Fee as prescribed.

In case you might be nonetheless undecided concerning the Charges of Service Tax, you’ll be able to verify the Present Charges in pressure by referring right here – Service Tax Charges or in case you continue to havent registered your self for Service Tax, refer our article on Process for Service Tax Registration On-line

Due Date for Fee of Service Tax

As per Rule 6 of the Service Tax Guidelines 1994, the due date for fee of service tax is separate for Particular person/ Partnership Corporations and others.



For Particular person/Partnership Corporations

The Due Date for Fee of Service Tax in case of Particular person/Partnership Agency is fifth of the Following Quarter through which the Fee is acquired. Nonetheless, in case the Service Tax Supplier opts for on-line funds, he’s given a grace interval of 1 day and thus the Due Date for Fee of Service Tax if the Fee is made on-line is sixth of the next Quarter.


For Others

For all Service Tax Payers (besides Particular person and Partnership Corporations), the Due Date for fee of Service Tax is fifth of the Following Month through which the Service Tax is collected. Nonetheless, if the fee is made on-line – the due date for fee of service tax turns into sixth of the next month

Exception: – Service Tax Collected for the month/quarter ending March shall be payable by thirty first March of the stated calendar 12 months

The Fee Schedule has been summarised under to your prepared reference





Due Date

Paid Bodily

Paid On-line

Particular person/Partnership Quarterly fifth of the Following Quarter sixth of the Following Quarter
Others Month-to-month fifth of the Following Month sixth of the Following Month

From the above it’s clear that it’s useful to pay the quantity due on-line as a grace interval of 1 day is allotted and furthermore the Tax Payer doesn’t have to face in lengthy queues for depositing the Service Tax. Fee of Service Tax On-line is an easy 3 Step Course of and also you for fee of service tax on-line – you’ll be able to refer this text on Fee of Service Tax On-line.

Late Fee of Service Tax

Rate of interest for late fee of any Oblique Tax has been rationalised by the Govt in Funds 2016-17. The rate of interest for late fee of any Oblique Tax i.e. Service Tax, Excise, Customs and so on would now the identical.

The rate of interest for late fee is as follows:-

Service Tax not collected and never deposited 15%
Service Tax collected however not deposited 24%

In case of assessee, whose worth of taxable companies within the preceeding monetary 12 months is lower than Rs. 60 Lakhs, the speed of curiosity for late fee of service tax in such circumstances could be 12%.

Different Related Factors

  1. If there may be extra fee is made by mistake or resulting from some other purpose, the quantity paid in extra could also be adjusted towards the Service Tax Legal responsibility for the approaching interval or could declare Refund of Service Tax in case Self-Adjustment will not be potential
  2. If any individual liable to pay Service Tax has collected an quantity in extra of the quantity due from the service recipient, the entire of such quantity collected in extra shall be payable to the Central Govt.
  3. If the Fee is deposited by the use of a cheque, the date of fee of Service Tax shall be the date of the cheque reasonably than the date of clearing of cheque (topic to clearing of the cheque)



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