What is the due date of payment of service tax?
Monthly Payments: If the service taxes are paid online through internet banking, etc., the payments will be due on the 6th of every month and the 31st of March. If the service taxes are paid by any other means, the payments will be due on the 5th of every month and the 31st of March.
What happens if service tax is not paid?
If an assessee has not filed his or her service tax return, then a late payment fee of Rs 500 will be charged for the initial 15 days of delay. If an assessee has not filed his or her service tax return, then a late payment fee of Rs 1,000 will be charged for delays ranging from 15 to 30 days.
What is the penalty for late payment of service tax?
As per the new provisions, late payment of service tax attracts a non-discriminatory minimum penalty of 10% of service tax liability. In case of fraudulent attempt to evade or make late payment of service tax, a minimum penalty of 100% of service tax liability is applicable.
Can service tax be paid now?
As you are aware, currently taxpayers are making payments of Central Excise duties and Service Tax arrears through EASIEST Portal, DG Systems has now integrated payments of CE & ST with ICE GATE portal and the new payment gate way portal “CBIC (ICEGATE) E-payment” will be operational w.e.f., 1st July, 2019 onwards.
When is the due date for service tax?
Online Due Dates: The due date is the 6th of the month, when payment must be made for the preceding month. For example, by May 6, service tax payment must be made for the entire month of April. The exception is March, the deadline for which is March 31.
Which is the due date for income tax?
As we know in last year many due dates were changed and extended and hence CBDT has issued a calendar for compliance under Income tax act month wise for calendar year 2021 which is as under: Jan 10: Extended due date for Filing ITR for AY 2020-21 for Taxpayers not requiring Audit
When is the deadline for estimated tax payments?
The deadlines for estimated tax payments for 2020 are consequently the following dates: Wed., April 15; Mon., June 15; Tue., Sept. 15; and Fri., Jan. 15, 2021. The final deadline for estimated tax payments for 2019 is Wed., Jan. 15, 2020.
When do I have to pay estimated taxes for 2019?
If a due date falls on a weekend or a legal holiday, payments must be issued on the next business day, therefore the deadlines for estimated tax payments for 2019 consequently fall on the following dates: April 17 June 17 September 16 January 15, 2020
