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Service Tax Returns and Payments

Description: This quiz covers the topic of Service Tax Returns and Payments under Indian Law.
Number of Questions: 15
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Tags: service tax returns payments indian law
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What is the due date for filing Service Tax Returns?

  1. 15th of the month following the end of the quarter

  2. 30th of the month following the end of the quarter

  3. 45th of the month following the end of the quarter

  4. 60th of the month following the end of the quarter


Correct Option: A
Explanation:

As per the Service Tax Rules, the due date for filing Service Tax Returns is the 15th of the month following the end of the quarter.

What is the penalty for late filing of Service Tax Returns?

  1. Rs. 100 per day

  2. Rs. 200 per day

  3. Rs. 300 per day

  4. Rs. 400 per day


Correct Option: B
Explanation:

The penalty for late filing of Service Tax Returns is Rs. 200 per day, subject to a maximum of Rs. 10,000.

What is the interest payable on late payment of Service Tax?

  1. 1% per month

  2. 2% per month

  3. 3% per month

  4. 4% per month


Correct Option: B
Explanation:

The interest payable on late payment of Service Tax is 2% per month, subject to a maximum of 24%.

What are the modes of payment of Service Tax?

  1. Cash

  2. Cheque

  3. Demand Draft

  4. All of the above


Correct Option: D
Explanation:

Service Tax can be paid through cash, cheque, or demand draft.

What is the format of Service Tax Challan?

  1. Form ST-3

  2. Form ST-4

  3. Form ST-5

  4. Form ST-6


Correct Option: A
Explanation:

The format of Service Tax Challan is Form ST-3.

What is the due date for payment of Service Tax?

  1. 15th of the month following the end of the quarter

  2. 30th of the month following the end of the quarter

  3. 45th of the month following the end of the quarter

  4. 60th of the month following the end of the quarter


Correct Option: B
Explanation:

The due date for payment of Service Tax is the 30th of the month following the end of the quarter.

What is the penalty for late payment of Service Tax?

  1. 1% per month

  2. 2% per month

  3. 3% per month

  4. 4% per month


Correct Option: B
Explanation:

The penalty for late payment of Service Tax is 2% per month, subject to a maximum of 24%.

What are the consequences of non-payment of Service Tax?

  1. Imposition of penalty

  2. Attachment of property

  3. Arrest and detention

  4. All of the above


Correct Option: D
Explanation:

Non-payment of Service Tax can lead to imposition of penalty, attachment of property, and arrest and detention.

What is the time limit for filing a refund claim for Service Tax?

  1. One year

  2. Two years

  3. Three years

  4. Four years


Correct Option: A
Explanation:

The time limit for filing a refund claim for Service Tax is one year from the date of payment of tax.

What are the documents required for filing a refund claim for Service Tax?

  1. Service Tax Return

  2. Proof of payment of tax

  3. Bank statement

  4. All of the above


Correct Option: D
Explanation:

The documents required for filing a refund claim for Service Tax include Service Tax Return, proof of payment of tax, and bank statement.

What is the procedure for filing a refund claim for Service Tax?

  1. File a refund claim online

  2. File a refund claim manually

  3. Both of the above

  4. None of the above


Correct Option: C
Explanation:

A refund claim for Service Tax can be filed either online or manually.

What is the time limit for processing a refund claim for Service Tax?

  1. 30 days

  2. 60 days

  3. 90 days

  4. 120 days


Correct Option: C
Explanation:

The time limit for processing a refund claim for Service Tax is 90 days from the date of filing the claim.

What is the rate of interest payable on delayed refund of Service Tax?

  1. 6% per annum

  2. 9% per annum

  3. 12% per annum

  4. 15% per annum


Correct Option: A
Explanation:

The rate of interest payable on delayed refund of Service Tax is 6% per annum.

What is the authority responsible for administering Service Tax?

  1. Central Board of Excise and Customs (CBEC)

  2. Directorate General of Central Excise Intelligence (DGCEI)

  3. Commissioner of Central Excise

  4. All of the above


Correct Option: D
Explanation:

The authority responsible for administering Service Tax includes Central Board of Excise and Customs (CBEC), Directorate General of Central Excise Intelligence (DGCEI), and Commissioner of Central Excise.

What is the website of the Central Board of Excise and Customs (CBEC)?


Correct Option: A
Explanation:

The website of the Central Board of Excise and Customs (CBEC) is www.cbec.gov.in.

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