Central Government vide Service Tax (Amendment) Rules, 2010, has made following amendments in respect of payment of Service Tax and filing of Service Tax return with effect from April 1, 2010 –

  • Electronic payment of Service Tax has been made mandatory for assessees whose total Service Tax payment including utilization of CENVAT credit for the preceding financial year is Rs. 10 lakh or more as against the existing threshold of Rs. 50 lakh or more.
  • Electronic filing of half-yearly return has been made mandatory for assessees whose total Service Tax payment including utilization of CENVAT credit in the preceding financial year is Rs. 10 lakh or more.

Source

1. Notification No. 01/2010-Service Tax dated February 19, 2010.

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