Copy of Service Tax 20000

7/31/2019 Copy of Service Tax 20000

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Introduction

Sub:-TaxationTopic: - Service tax on photography

services

STD: - s.Y.A.F

Submitted ByNames Roll NoGanesh Deshpande 72533

Sujit Joshi 72511Nitin Londhe 72513Manoj Gupta 72512Dayal 72506

Submitted toSamidha Madam


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Sr.

no

Particulars Page

no

Remark

1.

2.

3.

4.

5.

6.

7.

8.

9.10.

Introduction

Acknowledgement

Meaning of service tax

Meaning of photography

serviceInformation about application of service tax

Registration

Procedure

Penalty

General ProcedureBibliography

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4

5

6

9

10

11

12

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Index


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Acknowledgement

We thank to Samidha Madamfor giving usan interesting topic such as Service Tax on Photography

Services.

We are grateful to Rupam Studios and Photo Technic

Studio for sharing a valuable information about

Photography Service and nature of payment of Service

Tax on Photography Services.


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Meaning of service tax

Service Tax is a form of indirect taximposed on specified services called"taxable services". Service tax cannot belevied on any service which is not

included in the list of taxable services.


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Meaning of Photography service

Definition:

Photography includes still photography, motion picture photography, laser

photography, aerial photography and fluorescent photography. (Section65(47) of Finance Act, 1994 as amended)

Photography studio or agency means any professional photographer or acommercial concern engaged in the business of rendering service relating tophotography.(Section 65(48) of Finance Act, 1994 as amended).


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"Photography studio or agency" means any professional photographer oranyperson engaged in the business of rendering service relating to

photography.

Value of taxable service: Gross amount charged from the customer,but cost of unexposed photographic film or unrecorded magnetic

tape or such other storage devices, if any, sold to the client duringthe course of providing the service, shall not be included in the valueof this taxable service.


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Exemptions

Costs of unexposed photographic film, unrecorded magnetic tape, such otherstorage devices - 2003 (156) ELT 17 (Ker.), E No. B.II/I/2000TRU, date.

9/7/2001 Annexure II.Costs of material and goods - Para 2.9.1. Of Cir. No. 59/8/2003-ST, date.20/6/2003.

Cost of film supplied by the customs and shown clearly.Individual professional photographers X-ray or CT scan E No. B.II/I/2000-TRU,date. 9/7/2001 Annexure II

Collection center - Cir. No. 37/5/2001-ST date. 27/12/2001

Still photography not registered under State Government law - Notification. No.

6/2001-ST, date. 9/7/2001.


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Information about application

of service tax on photography services

Rate of service tax is 10.3%.

Service tax on photography services is applicable

only when annual turnover of business is morethan 12 lacks.

If tax is not payable within time limits by

businessmen then there are certain excess rate is

applicable (known as fine and penalties) and plus

tax.


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Registration for service tax

Every service provider of a taxable service is required

to take registration with the jurisdictional Central

Excise Office. A registered service provider is referred

to as an assessee.

(Refer section 69 of Finance Act, 1994)

The service tax is administered by the Central Excise

Department. The government website

www.exciseandservicetax.nic.in gives the details ofthe jurisdictional offices of the Central Excise

Department, State-wise, District-wise as well as

Commissioner ate-wise.
http://www.exciseandservicetax.nic.in/http://www.exciseandservicetax.nic.in/


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Procedure for Registration

Fill the Form ST-1 in duplicate. (Form ST-1 is available on the departmental

website (www.cbec.gov.in ) Enclose photocopy of PAN card and proof of address

to be registered.

Copy of PAN card is necessary as a PAN based code (Service Tax Code) is

allotted to every assessee.

These forms are required to be submitted to the jurisdictional Central

Excise office (in case of six Service Tax Commission rates, to the

jurisdictional Division office. There are separate service tax commission

rates in Mumbai, Chennai, Delhi, Kolkata, Bangalore and Ahmadabad as

mentioned in the previous chapter).
http://www.cbec.gov.in/http://www.cbec.gov.in/http://www.cbec.gov.in/http://www.cbec.gov.in/http://www.cbec.gov.in/http://www.cbec.gov.in/http://www.cbec.gov.in/http://www.cbec.gov.in/


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An assessee should get the registration certificate (registration

number) within 7 days from the date of submission of form S.T.1,

under normal circumstances.

(Refer Rule 4 (5) of Service Tax Rules, 1994).

Aperson liable to pay service tax should file an application for

registration within thirty days from the date on which the service

tax on particular taxable service comes into effect or within thirtydays from the commencement of his activity.

(Refer Rule 4 (1) of Service Tax Rules, 1994).


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Penalty for Non Compliance of Service Tax Rules

Sr.

No.

Section Offence Details

1 76 Failure to pay service tax Not less than Rs.200 for every day

during which failure continues, or

@2% of such tax per month,

whichever is higher but shall not

exceed the amount of service tax

due.

2 77 General penalty for contravention ofany provisions of chapter V of Finance

Act, 1994 or rules made there under

for which no penalty is provided

May extend to an amount notexceeding Rs.1000

3 78 Service tax not been levied or paid or

been short-levied or short-paid by

reason of fraud or collusion or willfulmiss-statement or suppression of

facts or contravention of any of the

provisions of chapter V of Finance

Act, 1994 or of the rules made there

under with intent to evade payment

of service tax or erroneously

refunded.

Shall not be less than but which

shall not exceed twice the amount

of service tax not levied or paid orshort-levied or short paid or

erroneously refunded.


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Section 80 provides for non-

imposition of penalty in certaincases falling under sections 76, 77

and 78 if there is reasonable

cause for such failure.


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General Procedure

4.1. Every person providing taxable service is required to issue (within

14 days of completion of service) an invoice, a bill or challan signed

by him or a person authorized by him. Such invoice, bill or challan

should be serially numbered and should contain following

information:

i name, address and registration number of such personii the name and address of the person receiving servicesiii description, classification and value of taxable service provided,

andIV service tax payable thereon.

(Refer Rule 4A (1) of Service Tax Rules, 1994).


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Conclusion

We conclude from this project that, the servicetax collection from every concerned business is

the right of the government and it is the duty of

the concerned tax payer to pay tax at time & they

should not hide it by doing any illegal activities.

As well as we conclude that, what are the

photography services and how they get registered

themselves with the government .We also get the valuable knowledge about rules &

procedure for the payment of Service Tax on

Photography Services .


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Bibliography

Definition of Photography services From Internet

Definition of Service Tax From Wikipedia

Information about Procedure and rules of service tax for

photography services Rupam Studios and Photo Tecnic.

Documents

Copy of Service Tax 20000