B Com Exam > B Com Videos > Indirect Tax Laws > Registration of Service Tax, Indirect Tax Laws
Registration of Service Tax, Indirect Tax Laws Video Lecture | Indirect Tax Laws - B Com
|
50 videos|54 docs
|
FAQs on Registration of Service Tax, Indirect Tax Laws Video Lecture - Indirect Tax Laws - B Com
| 1. What is service tax and why is it important? |  |
Ans. Service tax is a type of indirect tax levied on the services provided by service providers in India. It is an important source of revenue for the government. The tax is collected by the service provider from the recipient of the service and then deposited with the government.
| 2. Who is required to register for service tax? | |
Ans. Any person or entity providing taxable services with a value exceeding a certain threshold is required to register for service tax. The threshold is determined by the government and is subject to change. It is important to check the latest regulations to determine if registration is required.
| 3. How can one register for service tax? | |
Ans. Registration for service tax can be done online through the government's tax portal. The applicant needs to fill out the registration form, provide the required documents, and submit the application online. Once the application is processed and approved, a Service Tax Registration Certificate is issued.
| 4. What are the consequences of not registering for service tax? | |
Ans. Failure to register for service tax when required can lead to penalties and legal consequences. The service provider may be liable to pay the tax along with interest and penalties. Additionally, the government may take legal action against the non-compliant entity, which can result in further financial repercussions.
| 5. Are there any exemptions or deductions available in service tax? | |
Ans. Yes, there are certain exemptions and deductions available in service tax. The government provides exemptions for specific services or service providers under certain conditions. Additionally, certain deductions and abatements are available for calculating the taxable value of services. It is important to consult the relevant laws and regulations to determine the eligibility for exemptions and deductions.
Related Exams
About this Video
|
4.85/5 Rating |
|
Nov 22, 2024 Last updated |
Video Description: Registration of Service Tax, Indirect Tax Laws for B Com 2024 is part of Indirect Tax Laws preparation.
The notes and questions for Registration of Service Tax, Indirect Tax Laws have been prepared according to the B Com exam syllabus.
Information about Registration of Service Tax, Indirect Tax Laws covers all important topics for B Com 2024 Exam.
Find important definitions, questions, notes, meanings, examples, exercises and tests below for Registration of Service Tax, Indirect Tax Laws.
Introduction of Registration of Service Tax, Indirect Tax Laws in English is available as part of our Indirect Tax Laws for B Com & Registration of Service Tax, Indirect Tax Laws in
Hindi for Indirect Tax Laws course. Download more important topics related with notes, lectures and mock test series for
B Com Exam by signing up for free.
Description
Video Lecture & Questions for Registration of Service Tax, Indirect Tax Laws Video Lecture | Indirect Tax Laws - B Com - B Com full syllabus preparation | Free video for B Com exam to prepare for Indirect Tax Laws.
Information about Registration of Service Tax, Indirect Tax Laws
Here you can find the meaning of Registration of Service Tax, Indirect Tax Laws defined & explained in the simplest way possible.
Besides explaining types of Registration of Service Tax, Indirect Tax Laws theory, EduRev gives you an ample number of questions to practice Registration of Service Tax, Indirect Tax Laws tests,
examples and also practice B Com tests.
|
50 videos|54 docs
|
|
Explore Courses for B Com exam
|
|
Signup for Free!
Signup to see your scores go up within 7 days! Learn & Practice with 1000+ FREE Notes, Videos & Tests.
Related Searches
Sample Paper
,Important questions
,Registration of Service Tax
,Registration of Service Tax
,ppt
,mock tests for examination
,Semester Notes
,Viva Questions
,past year papers
,practice quizzes
,Indirect Tax Laws Video Lecture | Indirect Tax Laws - B Com
,Previous Year Questions with Solutions
,video lectures
,Indirect Tax Laws Video Lecture | Indirect Tax Laws - B Com
,Extra Questions
,Exam
,Objective type Questions
,shortcuts and tricks
,Registration of Service Tax
,Indirect Tax Laws Video Lecture | Indirect Tax Laws - B Com
,MCQs
,Free
,Summary
,study material
;
Study Registration of Service Tax, Indirect Tax Laws on the App
Students of B Com can study Registration of Service Tax, Indirect Tax Laws alongwith tests & analysis from the EduRev app,
which will help them while preparing for their exam. Apart from the Registration of Service Tax, Indirect Tax Laws,
students can also utilize the EduRev App for other study materials such as previous year question papers, syllabus, important questions, etc.
The EduRev App will make your learning easier as you can access it from anywhere you want.
The content of Registration of Service Tax, Indirect Tax Laws is prepared as per the latest B Com syllabus.
|
© EduRev
|
Education Revolution
|
Follow Us
|
Signup to see your scores
go up within 7 days!
Access 1000+ FREE Docs, Videos and Tests
Takes less than 10 seconds to signup