Articles

Professional Assistance to Abide by Service Tax Return Dates Successfully

by Vikash Dhanania Consultant

Abiding by Service tax return dates is non-negotiable for all assessees. Seeking professional guidance to clear all procedures by the due date is a wise idea.

Among the many rules that govern the world of levies and duties, filing for returns can be considered as one of the most important. It is mandatory for all assessees who are liable to pay these impositions to file for the latter, not conforming to which is sure to invite penalties from the authorities. More often than not, it has been noticed that the people liable to pay their share of duties forget to follow up with filing returns because of which they become liable to pay penalties in the form of fines. Similar consequences follow any types of delay in filing the same as well. Going by facts, 15 days of delay calls for Rs. 500/- worth of fine. Rs. 1000/- is imposed from the 16th to the 30th day. For beyond the 30th day, the fine amount equals Rs. 1000/- plus additional Rs. 100/- for every single day till the filing is made

The complications are way too many and are best when avoided. No one messes with the law for fun and this is a fact that can be taken for granted. However, on facing certain tricky circumstances, assessees do find themselves trapped in this unfavorable situation. Not having enough experience in carrying out the procedures can be mentioned as a cause for such slips in this respect. It has been witnessed over a period of time that assessees who are not confident enough about how to go on with the process keep delaying the same till the time the due date crosses over. This is followed by putting in weeks of effort to figure out how to mend the error and come out clean by the next service tax return date.

At present, the authorities have been very clear about the due dates for completing and submitting the necessary forms. Basically the returns are to be filed twice in one financial year. Half year ending on the 30th of September requires filing by 25th October, and the half year ending 31st March requires filing by 25th April. In case the dates correspond with holidays or, off days, the effective dates are fixed at the next day of the mentioned dates. As a matter of fact, it is not very difficult to abide by the requirements. Our country today, offers plenty of means of assistance that can carry one through what may seem too much to for an assessee to execute on one’s own.

With the help of these professionals abiding by service tax return dates can become practically a cakewalk. On approaching these professionals, the concerned assessees are sure to get exposed to a packaged all inclusive solution that is sure to keep them in the good books of the authorities for a very long time indeed. To begin with, these experts help in making the right calculations and fill up the forms perfectly with all details filled in without errors and maintaining all the guidelines to every last bit. Considering the fact that E filling of forms has now become mandatory, these professionals ensure assisting the assessees till the time the latter become confident about handling the task themselves and that too flawlessly.

Author Resource: The author of this article is a highly qualified and sought-after tax consultant to individuals and small entrepreneurs. Among other important factors, the author stresses on the importance of abiding by service tax return dates to avoid amassing penalties. For more information, he recommends you to visit myservicetax.in.

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About Vikash Dhanania Freshman   Consultant

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Joined APSense since, August 26th, 2013, From Kolkata, India.

Created on Dec 31st 1969 18:00. Viewed 0 times.

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