Service tax is a central tax, which has been imposed on certain services and is the latest addition to the genus of indirect taxes like customs and central excise duty. India, a developing country, was somewhat slow in discovering the potential of this kind of indirect taxation for enhancement of revenue collection and it was the Finance Act 1994 that first introduced the service tax provisions through its Chapter V. Service Tax is collected by Central Excise Department.
Some of our services include :
Compiling and calculating the net service tax on output services after taking benefit of Cenvat Credits.
Compiling the data of Cenvat Credits for service tax.
Preparing & Filing of Service tax Returns.
Advising on the issues relating to Service tax
Consultancy on the maintenance of prescribed records.
Tax Planning as regards the minimization of Service Tax Liability.