Procedure for Payment of Service Tax: Online & Physical

Last Updated at: October 18, 2019
5810

Service tax collected needs to be paid to government by the fifth of the following quarter, in the case of all partnerships and proprietorships. All others need to pay the amount collected by the fifth of the following month. However, in case the payment is being made online, which is now mandatory in case you collect more than Rs. 1 lakh in service tax during the previous year, you get an extra day to make the payment (i.e. the sixth of every month). Making payment is fairly straightforward.

Online Payment
To make payment online, what is called e-payment, you must have a net banking account with one of the banks listed here (do note that some private banks may only be available in certain divisions). If you already do, simply log on to this NSDL page and enter your 15-digit service tax number. Enter the captcha code and verify your personal details, which will appear on the screen.

Register your service tax

Now tick the Service Tax accounting field. You must now simply select your industry you’re operating in (Air Travel Agency, Advertising Agency, etc), followed by the Education Cess field in the second table.

Once done, find your bank and make the payment. You will receive an acknowledgement indicating the Challan Identification Number. This is a proof, to be shown at the time of filing your returns.

Physical Payment
Payment must be made at a branch via the GAR-7 challan, which you can download here. On payment, the teller will stamp the challan identification number, which contains the serial number of the challan, the BSR code of the bank and the date of deposit. All three must be stamped to be valid while filing the return.

Frequently Asked Questions

How can I claim my income tax refund after due date?

To claim a tax refund after the due date, physically sign the ITR-V form and submit it to Income tax processing centre. Learn more about Income Tax filing


How many employees do we need for ESI registration?

You need 10 or more employees for ESI registration as specified by the ESI Act of 1948.More info on ESI registration


What is FSSAI compliance

Compliance with FSSAI means meeting the new safety standards that the body has set for various food products.More information on FSSAI information


What is the use of ISO certification

Yes, an ISO 9001 certification is essential because it improves the working atmosphere and reduces the pressure of work.More on ISO Certification


What if TDS is paid late?

Interest of 1.5% per month is applicable if you pay your TDS after the due date.Details on TDS Return Filing


What is difference between Udyog aadhar and MSME?

There is no difference between MSME and Udyog Aadhar. MSME was replaced by Udyog Aadhar to make registration easier.

Learn more about SSI/ MSME Registration

Procedure for Payment of Service Tax: Online & Physical

5810

Service tax collected needs to be paid to government by the fifth of the following quarter, in the case of all partnerships and proprietorships. All others need to pay the amount collected by the fifth of the following month. However, in case the payment is being made online, which is now mandatory in case you collect more than Rs. 1 lakh in service tax during the previous year, you get an extra day to make the payment (i.e. the sixth of every month). Making payment is fairly straightforward.

Online Payment
To make payment online, what is called e-payment, you must have a net banking account with one of the banks listed here (do note that some private banks may only be available in certain divisions). If you already do, simply log on to this NSDL page and enter your 15-digit service tax number. Enter the captcha code and verify your personal details, which will appear on the screen.

Register your service tax

Now tick the Service Tax accounting field. You must now simply select your industry you’re operating in (Air Travel Agency, Advertising Agency, etc), followed by the Education Cess field in the second table.

Once done, find your bank and make the payment. You will receive an acknowledgement indicating the Challan Identification Number. This is a proof, to be shown at the time of filing your returns.

Physical Payment
Payment must be made at a branch via the GAR-7 challan, which you can download here. On payment, the teller will stamp the challan identification number, which contains the serial number of the challan, the BSR code of the bank and the date of deposit. All three must be stamped to be valid while filing the return.

Frequently Asked Questions

How can I claim my income tax refund after due date?

To claim a tax refund after the due date, physically sign the ITR-V form and submit it to Income tax processing centre. Learn more about Income Tax filing


How many employees do we need for ESI registration?

You need 10 or more employees for ESI registration as specified by the ESI Act of 1948.More info on ESI registration


What is FSSAI compliance

Compliance with FSSAI means meeting the new safety standards that the body has set for various food products.More information on FSSAI information


What is the use of ISO certification

Yes, an ISO 9001 certification is essential because it improves the working atmosphere and reduces the pressure of work.More on ISO Certification


What if TDS is paid late?

Interest of 1.5% per month is applicable if you pay your TDS after the due date.Details on TDS Return Filing


What is difference between Udyog aadhar and MSME?

There is no difference between MSME and Udyog Aadhar. MSME was replaced by Udyog Aadhar to make registration easier.

Learn more about SSI/ MSME Registration

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